Traffic moves past a gas station in Los Angeles on March 11, 2026. Oil prices have gone up since the start of the Iran war in late February. John Fredricks/The Epoch Times
President Donald Trump has forecasted that gasoline prices will drop “tremendously” when the war in Iran ends, coming two days after his energy secretary said that oil prices would continue to go up in the coming weeks.
Trump told Fox Business in an interview that aired on Wednesday that “gasoline is coming down very soon, and very big” while stipulating that it will occur before the 2026 midterm elections.
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