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Story summary
- U.S. President Donald Trump downplays the Iran war's economic impact, predicting quick price drops after hostilities cease.
- Economists warn relief for American families and businesses may take weeks or months, even if the conflict ends.
- Brent crude prices are around $100 per barrel, up about 40% since the war began.
- Gasoline averages $3.97 per gallon.
- Mark Zandi of Moody’s Analytics says prices rise quickly but fall slowly.
