Average gas price falls below $4 for first time in months (opens in new tab)

Gas prices in the U.S. on Thursday dipped below $4 for the first time in months, after the U.S. and Iran signed a memorandum of understanding (MOU) that calls for the reopening of the critical Strait of Hormuz. The national average price of a gallon of regular gas is about $3.99, according to the American…