Hormuz Reopens, Gas Falls

The U.S. regular-gas average was $3.99 on Thursday after a U.S.-Iran memorandum reopened the Strait of Hormuz, where one-fifth of world oil normally flows.

1. Frame 1U.S. pump prices move to $3.99 after the U.S.-Iran deal reopens Hormuz for oil traffic.
2. Frame 2A route map shows why Hormuz matters: the strait routes one-fifth of world oil.
3. Frame 3A traffic timeline shows at least 10 commercial vessels cleared the strait again.
4. Frame 4On the price board, Brent fell 1.4% to $78.46; West Texas Intermediate dropped 2.2% to $75.10.
5. Frame 5A state map shows the pump split: California averaged $5.64, South Carolina $3.58.
6. Frame 6The 60-day negotiating clock leaves drivers watching whether oil flows and crude prices keep easing.