President Donald Trump said gas prices will plummet because he expects the war in Iran to end quickly [1].
The statement links the stability of global energy markets to the resolution of the conflict and the reopening of the Strait of Hormuz. Because this maritime corridor is vital for oil transport, any deal to secure it could trigger a sharp decline in costs for American consumers [2].
Trump spoke during a news conference in Washington, D.C., where he expressed confidence in a rapid diplomatic or military resolution [3]. He said he expects the price of gasoline to drop substantially following the end of the war [4].
These predictions come as the U.S. average gasoline price jumped past $4 per gallon [5]. The increase is tied to the ongoing nature of the war, creating a contradiction between current market trends and the president's outlook [5].
Market reactions have already shown some volatility. Oil prices dropped at the start of futures trading on Sunday after Trump said the U.S. and Iran were close to announcing a deal to reopen the Strait of Hormuz [6].
However, the administration's messaging has remained varied. While Trump highlighted a quick end to the fighting, other reports indicate he has hinted that the war could go on indefinitely if necessary [7].
Despite these mixed signals, the president maintains that a deal is imminent. He said the potential for lower prices is tied directly to the cessation of hostilities in the region [1].
“"I expect the war in Iran to end very quickly, and gas prices will come plummeting down."”
The president is attempting to manage public frustration over rising energy costs by framing the current price spike as a temporary result of the Iran war. By linking gasoline prices to a specific diplomatic outcome—the reopening of the Strait of Hormuz—he is shifting the narrative from domestic economic policy to international geopolitics. The gap between his predictions and the current $4 per gallon average suggests a high-risk gamble on a swift diplomatic victory to stabilize the U.S. economy.
