Global oil prices have continued their downward trend, reaching a near four-month low following the United States’ decision to extend the suspension of sanctions against Iran for another 60 days after initial talks. This move signals potential increased oil supply from Iran. Domestic Vietnamese gasoline prices are predicted to decrease across all grades during the next price adjustment scheduled for Thursday, June 25th. The anticipated price reductions reflect the declining international oil market. Experts suggest the easing of sanctions on Iran is a primary driver of the current price drop. Further negotiations are expected to determine the extent of future relief and its impact on global oil supply. Consumers can anticipate lower fuel costs in the coming days.