Gas prices set to fall steeply in response to Iran ceasefire

Gas prices set to fall steeply in response to Iran ceasefire

April 8, 2026 4:57 pm EST.

The cost of crude oil fell sharply on Wednesday after a ceasefire deal came into place between the United States and Iran. Business Analyst Kris McCusker looks at what that means for gas prices, and how investors are reacting.

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