Trump claims gas prices will drop below $2 a gallon after US ‘wins’ Iran war

Donald Trump also reiterated that Iran would not be allowed to develop a nuclear weapon, saying the change would 'happen quickly'
In a Truth Social post, President Donald Trump said gasoline prices, which have recently climbed above $4 a gallon, could initially fall to $3 before eventually dropping below $2 (AP Photo/Julia Demaree Nikhinson)
In a Truth Social post, President Donald Trump said gasoline prices, which have recently climbed above $4 a gallon, could initially fall to $3 before eventually dropping below $2 (AP Photo/Julia Demaree Nikhinson)

WASHINGTON, DC: On Monday night, Sept 7, President Donald Trump predicted that gas prices would drop sharply once the US wins its conflict with Iran.

As Americans are struggling with gas that’s clocking in at more than $4 a gallon, Trump insists the cost will drop not just to $3 a gallon but under $2, a price not seen since the Covid-19 pandemic was raging and causing a massive drop in demand.

A war Trump increasingly downplays

“Oil prices will drop precipitously, like everything else is dropping (but more!), when we WIN the war with Iran,” Trump said. “Three Dollars a gallon, but ultimately, below Two Dollars a gallon. It will all happen quickly, and Iran will never have a Nuclear Weapon. MAGA! President DJT.”



Trump’s approval ratings have taken a beating, thanks mostly to those soaring prices and a war that’s become deeply unpopular.

The war started back on February 28, when the US and Israel launched joint airstrikes on Iran. Since then, 18 American service members have died.

Now, more than half a year later, the fighting drags on, and the administration still can’t convince anyone there’s an end in sight, or that the costs, in lives or dollars, are under control.

Vice President JD Vance, hosting the first White House briefing in 40 days last week, answered a question about when the conflict would end by declaring, “I wouldn’t call it a war.”

WASHINGTON, DC - MARCH 16: U.S. Vice President JD Vance (R) speaks to the media after President Donald Trump (L) signing a document during a White House signing ceremony in the Oval Office of the White House on March 16, 2026 in Washington, DC. Trump signed an executive order to create a task force on fraud which will be lead by Vice President J.D. Vance. (Photo by Alex Wong/Getty Images)
US Vice President JD Vance (R) speaks to the media after President Donald Trump (L) signing a document during a White House signing ceremony in the Oval Office of the White House on March 16, 2026 in Washington, DC. Trump signed an executive order to create a task force on fraud which will be lead by Vice President JD Vance (Photo by Alex Wong/Getty Images)

Trump himself declared the conflict “small potatoes” last week while talking to reporters in the Oval Office.

“I’ll tell you what, a lot of people don’t call it a war. I call it a military conflict because it’s small potatoes for us. It’s not a big thing,” Trump said.

A familiar pattern of optimistic forecasts

Trump went further in downplaying the conflict's current intensity, describing US military action as sporadic rather than sustained.

“I would say that it’s intermittent,” he added. “You know, we do intermittent strikes, so I heard what he said, and it was interesting because I think that there is a lot of truth. We are not fighting right now. There is no fighting. We are taking on a lot of oil. We control the Hormuz Strait. We control it very strongly.”

TEHRAN, IRAN - MARCH 1: Plumes of smoke rise over the skyline following explosions on March 1, 2026 in Tehran, Iran. Iran's Supreme Leader, Ayatollah Ali Khamenei, was confirmed killed after the United States and Israel launched a joint attack on Iran on February 28. Iran retaliated by firing waves of missiles and drones at Israel, and targeting U.S. allies in the region. (Photo by Getty Images)
Plumes of smoke rise over the skyline following explosions on March 1, 2026 in Tehran, Iran. Iran's Supreme Leader, Ayatollah Ali Khamenei, was confirmed killed after the United States and Israel launched a joint attack on Iran on February 28. Iran retaliated by firing waves of missiles and drones at Israel and targeting US allies in the region (Photo by Getty Images)

Monday’s gas price prediction is just the latest in a series of optimistic forecasts Trump’s shared lately, about the economy, world affairs, and more.

Still, if you look at the numbers, gas prices, poll results, how long the war’s dragging on, the picture isn’t quite as rosy.

AUSTIN, TEXAS - JUNE 16: A person pumps gas at a Shell gas station on June 16, 2026 in Austin, Texas. Gas prices in the U.S. have fallen as wholesale gasoline and crude oil prices declined following the announcement of a preliminary agreement between the U.S. and Iran to end the war and open the Strait of Hormuz, a vital route for global oil exports. (Photo by Brandon Bell/Getty Images)
A person pumps gas at a Shell gas station on June 16, 2026 in Austin, Texas. Gas prices in the US have fallen as wholesale gasoline and crude oil prices declined following the announcement of a preliminary agreement between the US and Iran to end the war and open the Strait of Hormuz, a vital route for global oil exports (Photo by Brandon Bell/Getty Images)

Trump hasn’t laid out any real evidence or a clear end date for the conflict. 

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