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President Trump says oil prices will ‘drop like a rock’ when Iran war ends

  • Posted on October 7, 2026
  • By Fox News
  • 1 Views
  • 1 min read
In brief

President Trump projects significant declines in oil and gas prices following a potential resolution to tensions with Iran, citing geopolitical factors as key drivers of current energy costs. Energy policy experts examine various strategies to reduce fuel expenses for American consumers, including potential modifications to federal taxation on gasoline. The analysis explores how international conflicts influence domestic energy markets and the administration's approach to energy affordability.

Summary auto-generated by AI from the original publisher's content. Editorial standards.

President Trump says oil prices will ‘drop like a rock’ when Iran war ends
President Trump says oil prices will ‘drop like a rock’ when Iran war ends

Former acting assistant energy secretary Tala Goudarzi analyzes President Donald Trump's options for lowering gas prices, including a potential suspension of the federal gas tax, on ‘Kudlow.’
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Author
Fox News

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