Gas prices: Another increase at the pumps the day after ceasefire announcement

Published April 8, 2026 6:38am ET



Gas prices in the United States continue to rise due to the war in Iran, even after the announcement of a ceasefire. The national average for a gallon of regular gas increased to $4.164 on Wednesday, a more than 2-cents-per-gallon increase from 24 hours earlier. It’s the 10th straight day of increases at the pumps, continuing a trend of the highest fuel prices since 2022.

Since setting a five-year low for fuel costs at $2.79 per gallon on Jan. 12, gas prices have risen. Initially, severe winter weather nationwide was blamed for the gradual price hike in late January and early February. Snowstorms disrupted oil refinery operations and production, affecting pricing. However, gas prices began to soar with the commencement of Operation Epic Fury on Feb. 28. At the beginning of March, a gallon of regular gas increased to $2.984. By March 31, the national average price for regular gas rose to $4.018 per gallon. 

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