Trump Predicts Oil Prices Will Plummet After US Wins War With Iran
President Donald Trump predicted that oil prices will plummet once the US wins its war with Iran. He made this claim in a post on Truth Social, saying 'oil prices will drop precipitously, like everything else is dropping (but more!), when we WIN the war with Iran.'
The national average gas price hit a record high of $4.15 per gallon on Labor Day, up from roughly $3.20 a year earlier and exceeding the previous Labor Day high of $3.82 set in 2012.
Energy Secretary Chris Wright declined to guarantee prices would continue to fall when pressed on CNN Sunday, saying only that gasoline futures suggest prices are 'more likely to go down than go up.'