Iran war: Prices of oil, gas will go down soon - Trump

Author: Seun OpejobiPublished on: May 1, 2026Country: United States
PoliticsBusiness & Economy
Iran war: Prices of oil, gas will go down soon - Trump

U.S. President Donald Trump stated that oil and gas prices will soon decrease following the Middle East war involving Iran. He expressed a preference not to resume large-scale strikes on Iran and noted that the U.S. blockade on Iranian ports has been 'unbelievable' and 'powerful'. Trump also claimed that even if the conflict ended now, the U.S. would have already achieved a 'great victory'.

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