U.S. Gas Prices Expected to Ease if Ceasefire Holds — National Average $4.16

April 9, 2026 — U.S. Gas Prices Expected to Ease if Ceasefire Holds — National Average $4.16.

Pump Price Outlook

The U.S. national average for regular gasoline stands at $4.164 per gallon as of April 8, 2026, according to AAA — the highest level in four years. If the ceasefire holds and the Strait of Hormuz reopens, analysts project prices could ease by $0.30-0.60 per gallon within two to three weeks as crude oil's decline flows through refining margins to retail stations. However, the continued closure of the strait and uncertainty around the ceasefire's durability have tempered near-term expectations for immediate relief at the pump.