Last night, 12.5 million barrels of oil went through the Strait of Hormuz. That is a high since the beginning of the conflict. Oil prices are down nearly at their level from the pre-war conflict. Gas prices dropped below $4 a gallon today for the first time since the conflict. And importantly, they're going to keep falling further given how low oil prices are on the military side. (00:28–00:33)
CLAIM
Asserts that oil prices have decreased to near pre-war conflict levels.
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