
Trump says Americans should expect higher gas prices 'for a little while' amid Iran war
President Trump said Thursday Americans should expect higher gas prices for an unspecified period due to the Iran war, while claiming the conflict has had less impact on markets than anticipated. Trump said the stock market is at an all-time high and oil prices are lower than his $200/barrel prediction, with Brent crude at $105.07. Gas prices have surged over 30% to above $4/gallon since the Feb. 28 attack on Iran, with a majority of Americans expecting higher prices to last at least six months according to a CNBC survey. Trump said he is in no rush for a peace deal and will wait to see what terms Tehran will accept.
