Skip to content
Back to Guavy Wire
Commodities

Trump Brushes Off Rising Gas Prices Amid Iran Conflict

Instruments
Oil
Share

President Donald Trump downplayed concerns about rising U.S. gas prices due to the escalating conflict in Iran, stating 'if they rise, they rise' during an interview with Reuters.

Trump said he was not worried about the higher costs at the pump, which have jumped 27 cents since last week to $3.25 per gallon, according to AAA, a U.S. travel organization that tracks fuel prices.

The national average cost of gas is now 15 cents higher than a year ago, and global oil prices have risen 16% since the war started on Saturday.

Energy analysts say a persistent rise in gas prices could harm Republicans in the November midterm elections, but Trump's administration believes the conflict will be short-lived.

More on Commodities

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

© 2026 Guavy Inc