Oil prices on global markets keep falling. „Brent“ crude has dropped to around 76 dollars a barrel, and American „WTI“ to around 73 dollars - both down 0.7 percent, after several days of trading below 80 dollars.

The reason is the easing of tensions around the conflict between the US and Iran and increased tanker traffic through the Strait of Hormuz - that narrow water gate through which a significant share of the world's oil passes. Analysts say the market expects „a quick replenishment of supplies in the Persian Gulf“, though tanker movement is still below pre-war levels.

For comparison, in February, before the escalation, a barrel cost around 70 dollars. So even after the whole crisis, the price isn't dramatically higher than at the start of the year - which says how much of the spike was fear rather than an actual shortage.

And now comes the part every driver in the country is waiting for: will the market drop show up at the pumps too? History teaches that when oil rises on the markets, the price here jumps immediately; when it falls, there's somehow always a delay. Will this time be different? A question worth asking at every fill-up.