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Trump Forecasts Gas Prices to Drop Amid Rising Oil

4/15/2026

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Story summary
  • On April 13, 2026, U.S. President Donald Trump predicted gasoline prices would drop after the war in Iran ends.
  • The forecast followed his energy secretary's indication that oil prices would rise in the coming weeks.
  • In a Fox Business interview, Trump said gasoline prices would decline “very soon” before the 2026 midterm elections.
  • The remarks were made against the backdrop of rising fuel prices at gas stations in Miami, Florida.