Story perspectives
Trump Predicts Quick End to Iran War Amid Rising Oil Prices
4/3/2026
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Story summary
- U.S. President Donald Trump addressed the nation on April 1, 2026, regarding war with Iran and predicted it would end in two to three weeks.
- He attributed gas prices averaging $4.08 per gallon to Iranian actions and said prices would fall.
- The speech offered no plan to reopen Strait of Hormuz, Iran having closed it, raising oil prices.
- Afterward, stock markets fell and oil prices rose, signaling investor concern over disruption.
