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Trump Promises Lower Gas Prices Post-Iran War, Experts Skeptical

4/9/2026

43 9 Full Breakdown

Summary

Story summary

U.S. President Donald Trump claimed gas prices would fall rapidly after the war against Iran ends.
The Department of Energy said prices would stay above pre-war levels even if hostilities cease by April 2025.
The Energy Information Administration forecasts a $4.30 peak in April 2025 and an average above $3.70 in 2026.
Tristan Abbey, the EIA Administrator, said projections may be overly optimistic and that restoring oil flows would take months.

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Story summary

U.S. President Donald Trump claimed gas prices would fall rapidly after the war against Iran ends.
The Department of Energy said prices would stay above pre-war levels even if hostilities cease by April 2025.
The Energy Information Administration forecasts a $4.30 peak in April 2025 and an average above $3.70 in 2026.
Tristan Abbey, the EIA Administrator, said projections may be overly optimistic and that restoring oil flows would take months.