Gas prices moderately easing?

In the last 2-3 weeks, the cheapest gas in town (Oregon) has dropped from $5.19/gal (the peak so far) to $4.59. Other, more expensive retailers have followed suit proportionately, meaning that even the worst have dropped below $5.

Since the Strait of Hormuz remains closed, and Trump is rattling his saber again and expressing no desire to reach any kind of agreement with Iran, I'm wondering why the drop. Whatever supply disruptions there were still remain.

I did read that plans were being implemented for petroleum and other products that used to be shipped through the Strait are being rerouted, and permanently, as the world isn't going to trust Trump to honor any agreement that reopens the Strait, nor will they trust Iran, given their proclamation that they own it. But I would think that such plans would take months if not years to implement.

So why do you think gas prices are dropping a little bit? (And please, MAGA, don't give us any of that "Noble Dear Leader PROMISED that the gas price increases would be temporary YAY HOORAY BELCH GRUNT SNORT I WANT TO LICK HIS BALLS!!!" bullcrap.)

Addendum: the Turd is using smoke and mirrors to address this issue. It released 172 million barrels from the Strategic Oil Reserve, which is now below 50%. It also removed all restrictions to refining and selling E10 and E15 ethanol-loaded gas, which is a cruel illusion, because that gas produces worse mileage (so, no actual savings), and prolonged use can destroy your engine.

It looks like the price drop is temporary and was based on the hope that the Turd was sincerely interested in stopping the war. Now that it's become apparent that it amuses him too much for him to quit, oil prices will probably climb again. Alarmingly, futures are very high now, indicating that the markets expect a resumption of the upward climb.

Also, countries other than the US have been releasing their reserves into the market. The consensus is that those reserves will be fully depleted by August. So, strap in, buckle up, and MAGA, don't forget to kiss your Trump portrait before you go to the gas station.