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Trump warns gas >$4 after Iran attack, 80% cut spending

4/24/2026

44 7 Full Breakdown

Summary

Story summary

President Donald Trump said on April 23, 2026 that Americans should expect higher gas prices for a period after the Feb. 28, 2026 attack on Iran.
Gas rose to $4+ per gallon since the attack, while Energy Secretary Chris Wright said prices may not drop below $3 until next year, with Brent $105.07 per barrel.
A CNBC survey of 1,000 (April 15-19) found 80% changed spending, with 60% cutting entertainment and 50% planning travel less.

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Story summary

President Donald Trump said on April 23, 2026 that Americans should expect higher gas prices for a period after the Feb. 28, 2026 attack on Iran.
Gas rose to $4+ per gallon since the attack, while Energy Secretary Chris Wright said prices may not drop below $3 until next year, with Brent $105.07 per barrel.
A CNBC survey of 1,000 (April 15-19) found 80% changed spending, with 60% cutting entertainment and 50% planning travel less.