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Trump’s Iran War Pushes Gas to $4.29, $40 B Cost

6/3/2026

24 5 Full Breakdown

Summary

Trump's War

U.S. President Donald Trump’s war on Iran has pushed gasoline prices to a four-year high.
Analyst Patrick De Haan estimates the war has added $40 billion in costs to Americans since the March 1 attack.
AAA recorded gasoline at $4.290 per gallon.
A poll found more than two-thirds approve Trump’s war handling, while one-fifth say the war is not worth the cost.

Summary

Trump Predicts Gasoline

President Donald Trump told CNBC gasoline could drop to $1.85 a gallon after the crisis ends.
Senator Elizabeth Warren (D-Mass.) said the conflict adds $800 million daily in excess pump costs.
Trump dismissed the peace-negotiation collapse and warned Iranian blockades of the Strait of Hormuz would not change his stance.
WTI crude futures fell 1.12% to about $91.13 a barrel while Brent fell 0.93% to $94.10.

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Trump's War

U.S. President Donald Trump’s war on Iran has pushed gasoline prices to a four-year high.
Analyst Patrick De Haan estimates the war has added $40 billion in costs to Americans since the March 1 attack.
AAA recorded gasoline at $4.290 per gallon.
A poll found more than two-thirds approve Trump’s war handling, while one-fifth say the war is not worth the cost.

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