Trump says oil could fall below $2 after Iran war

Photo: Arda Kaykısız / Pexels
Key Points:
  • Trump’s Sub-$2 Gas Pledge

    Trump posted that fuel will plunge below $2 per gallon once the U.S. wins the conflict with Iran, reiterating that Tehran will not get a nuclear weapon.

  • Escalating Military Warnings

    After U.S. officials and CENTCOM targeted Iranian shadow tankers, Iran's parliament speaker warned that Gulf energy networks would face swift retaliation if attacked.

  • Market & Investor Skepticism

    Analysts and investors doubt gas will reach $2, citing refining limits, fragile supply chains, and volatile crude markets.

Donald Trump posted on his Truth Social feed on Monday that gasoline could slide beneath two dollars per gallon once the United States claims victory over Iran. He tied the current high price of fuel directly to the ongoing clash in the Middle East, promising a rapid market correction after the conflict ends. The former president also reiterated his pledge to prevent Tehran from acquiring a nuclear device, framing the war as a decisive step toward energy affordability. Iranian parliament speaker Mohammad Bagher Ghalibaf warned Washington of swift retaliation against any strike on Iranian energy sites, highlighting the fragile balance that now underpins global oil flows.

Trump Predicts Two Dollar Gas After Iran Conflict

In a short message on Truth Social, Trump declared that oil prices would plunge dramatically when America “wins the war with Iran.” He projected a price of three dollars per gallon initially, then promised a drop below two dollars. The claim linked soaring fuel costs to the military campaign, suggesting that peace would instantly stabilize markets. Trump also warned that the United States would not allow Iran to develop a nuclear weapon, coupling his economic forecast with a security pledge. The former leader’s tone mixed confidence with a rallying call, ending the post with the slogan “MAGA.”

Oil Markets React To Presidential War Victory Claims

Analysts noted that Trump’s forecast arrived amid heightened tension in the Persian Gulf. Iranian speaker Ghalibaf posted on X that the country’s oil and gas chain is exposed, warning that any American strike would be met with retaliation. He cited past incidents to illustrate the risk of targeting Iranian facilities. Meanwhile, U.S. Secretary of War Pete Hegseth shared a statement claiming Iran’s oil tanker fleet lacks defense, promising that U.S. forces could neutralize any vessel that threatens American ships. The remarks were accompanied by a video from Central Command showing strikes on three Iranian tankers linked to a shadow network funding the IRGC.

Energy Prices Expected To Plummet Post Military Engagement

Central Command commander Admiral Brad Cooper warned that any attack on U.S. vessels would trigger a higher economic cost on Iran, promising to take out three Iranian tankers in response. He emphasized that the Iranian fleet is limited and vulnerable, reinforcing the narrative of an easy victory for U.S. forces. The administration’s messaging suggested that a swift end to hostilities would unleash a flood of cheap oil, driving gasoline below two dollars per gallon. Observers in New Delhi noted that lower global oil prices could ease pressure on India’s import bill, though they cautioned against over‑reliance on speculative war outcomes.

Truth Social Post Links War End To Cheap

Trump’s post framed the war as a direct lever for consumer savings, implying that American households would feel immediate relief once the conflict ends. He paired the economic promise with a hard‑line stance on Iran’s nuclear ambitions, creating a narrative that ties national security to everyday costs. The message resonated with supporters who view strong action as a path to prosperity. Critics, however, pointed out that oil markets are influenced by a complex web of supply chains, sanctions, and geopolitical shifts that cannot be altered by a single victory. The discourse highlighted the tension between political rhetoric and market realities.

Investors Question Realistic Timeline For Two Dollar Gasoline

Market participants expressed skepticism about the speed at which prices could reach the two‑dollar mark. They cited existing contracts, refinery capacity constraints, and the uncertainty of a definitive end to hostilities as factors that could delay any sharp decline. Some investors turned to Indian energy firms, noting that a sustained drop in crude costs would benefit domestic refiners and consumers alike. The conversation remains open, with analysts watching both diplomatic developments and supply data for clues about when, if ever, the promised price floor might materialize.

Source: Economic Times
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