After the U.S. announced a two-week ceasefire deal with Iran, industry experts are predicting that gas prices could start dropping soon.
The war with Iran sent fuel prices skyrocketing globally, which means Americans have been paying more at the pump. The national average gas price surpassed $4 per gallon last week for the first time since 2022 — and on Wednesday, the average price stood at $4.16, according to the American Automobile Association.