The average price of gas fell 17 cents since its peak earlier this month, but it’s still 47% higher than it was at the start of the Iran war

As May’s final day of oil trading closes, the price of crude posted its biggest one-month decline in six years, delivering some relief to consumers at the pump and some optimism to investors hoping for an end to sky-high energy prices. As measured by the global Brent oil benchmark, prices fell nearly 20% in May...