Arizona’s average for a gallon of regular gasoline dropped seven cents in the past week to $4.74. The national average for a gallon of regular gasoline is also down, 12 cents from last week at $4.42. Crude oil prices have been going down this week amid reports of peace talks with Iran. But the fragile situation could cause oil prices to spike again if a ceasefire deal isn’t reached.

“Although prices have dropped after Memorial Day demand passed, gas prices remain the highest they’ve been in four years,” said AAA Mountain West Group spokesperson Aldo Vazquez. “They’ll likely remain elevated as the busy summer driving season gets underway.”

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