Coming Soon to Pumps Near You: $2 Gallon Gas?
he U.S., Iran and other nations have reached a historic deal that is intended to restrict Iran's nuclear program and expected to decrease OIL PRICES.
Following the agreement, the Associated Press reports, President Barack Obama remarked from the White House:
"This deal offers an opportunity to move in a new direction. We should seize it."
The agreement now goes to the U.S. Congress, Reuters reports. Obama has said he will veto any attempt from Congress to block the deal.
If the deal goes through, Iran stands to gain billions of dollars in the form of relief from international sanctions. The freezing of Iran's assets has shrunk the Middle Eastern nation's economy.
In exchange, Iran will agree to curb its nuclear programs,
U.S. gas consumers are among those who stand to benefit from the deal, the AP reports:
