Oil prices drop after Iran ceasefire
Apr 08, 2026
(CNN)– AAA says regular gas is averaging $4.16 a gallon.
But, oil markets are seeing some relief after the U.S. and Iran announced a ceasefire.
West Texas Intermediate Crude is trading below a $100 a barrel as of this morning.
That’s an improvement over Tuesday April 7, 2026, when the U.S. b
enchmark topped 116.
But, WTI is still well above the pre-war price.
The global oil benchmark is Brent Crude.
It’s also below a $100 a barrel today (Wednesday, April 8, 2026).
That has stocks rebounding in global and U.S. premarket trading.
Categories: Local News, News, Politics
Tags: Columbia gas prices, Gas Prices, Iran, Iran Missile Attack, Iran Missile Strikes, Iran War, national gas prices, Oil Prices, President Donald Trump, SC gas prices, South Carolina gas prices
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