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Trump Predicts Gas Below $2 After U.S. Victory Over Iran

Trump said prices could fall to under $2 a gallon after a U.S. victory in Iran, as Labor Day gas prices hit a holiday record.

  • On Monday, President Donald Trump claimed gas prices will drop below $2 per gallon following a United States victory in the Iran conflict, posting on Truth Social that oil prices will fall "precipitously."
  • The prediction follows record Labor Day gas prices exceeding $4, as the unpopular conflict in Iran—which began Feb. 28—has resulted in 18 American service member deaths and dismal approval ratings.
  • Trump recently characterized the situation as a "military conflict" rather than a war, while Central Command commander Adm. Brad Cooper warned the United States would destroy Iranian oil fleets if provoked.
  • Iranian Parliament Speaker Mohammad Bagher Ghalibaf issued a warning on Monday against targeting Iranian energy facilities, claiming the country's oil production chain is "sprawling, accessible, and exposed."
  • Trump reiterated that the United States will ensure Iran never acquires a nuclear weapon, while Central Command claimed the Iranian oil tanker network funds the IRGC.
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Mediaite broke the news in New York, United States on Monday, September 7, 2026.
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