Gasoline prices are anticipated to fall in the near future, though a complete return to pre-war levels could take several months. This expectation is contingent upon sustained global peace and the resumption of traffic through the Strait of Hormuz.

Gasoline costs should start to fall soon, although a full recovery to pre-war prices is expected to take months. That's assuming that peace holds and traffic flows resume through the Strait of Hormuz.<br /><br /> <img alt="Gasoline prices are displayed outside of a Shell gas station in West Hollywood, California on April 14. Prices vary around the country, and are highest on the west coast; the nationwide average has risen by more than $1 per gallon since the start of the Iran War, but is expect...