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Trump says gas prices will drop as soon as Iran war is over
Reuters
2 May 2026
President Trump said Thursday that gas prices will "drop like a rock" as soon as the war with Iran ends. Speaking from the Oval Office, Trump acknowledged Americans may have to "pay a little bit more" for gasoline in the short term but argued that preventing a nuclear-armed Iran is worth the cost. Global oil markets remain on edge as the conflict continues, with prices recently hitting a four-year high of more than $126 a barrel.
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