Why gasoline prices aren’t tumbling along with sinking oil | CNN Business

CNN  — 

Oil futures tumbled again Tuesday on hopes that the shaky ceasefire between Israel and Iran would reduce if not eliminate the risk any significant disruption to global energy markets. Gasoline futures fell, too.

So when will you notice prices falling at the pump?

It may be a while. Because gas prices didn’t shoot significantly higher over the past two weeks after Israel and Iran began their recent hostilities, you probably won’t notice any big savings anytime soon.

The national average gasoline price stood at $3.12 on June 10 according

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