Trump defends energy strategy as Americans brace for more pain at the pump

PoliticsBusiness & Finance
3 Jun 2026 • 8:39 PM MYT
The Independent
The Independent

The world’s most free-thinking newspaper

Trump defends energy strategy as Americans brace for more pain at the pump

  • President Trump reiterated his belief that gas prices will plummet to $1.85 per gallon once the Iran war is over.
  • The national average gas price is currently $ 4.26 per gallon, marking a $ 2.98 increase since the war began in February.
  • Despite Trump's claim of $1.85 per gallon in Iowa before the conflict, reports indicate prices were not quite that low.
  • Gas prices have surged primarily due to U.S. and Iranian blockades in the Strait of Hormuz, disrupting global supply chains.
  • Trump is under significant pressure over rising fuel costs, with a CNN survey indicating three out of four Americans blame him, and peace negotiations remain stalled after Iran suspended diplomatic talks.

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