Donald Trump made a prediction about when gas prices will go down, as a new national average for fuel prices in the United States was revealed.
This comes at a time when oil prices have surged following the start of the war in Iran, as the Middle Eastern country controls the Strait of Hormuz, through which about 20% of the world’s oil passes.
However, when asked about a drop in fuel prices, Trump appeared optimistic. “I hope so. I mean, I think so. It could happen, it could happen. Or the same. Or maybe a little higher. But it should be about the same, I don’t think this will last much longer,” he told Fox News.
Trump also emphasized that he does not intend to stop Operation Epic Fury. “I don’t think it will take much longer. They’re wiped out, Maria,” the American president said to journalist Maria Bartiromo of Fox Business.
“They’re wiped out, and you don’t have fair agitation. We need a free and fair press in this country, and I don’t even know why people would do that. Why would they say how wonderful they’re doing militarily, they’re doing so well?”
Prices have already declined during negotiations between the U.S. and Iran. According to the BBC, on Tuesday, Brent crude fell about 3.8% to trade at approximately $95.54, while West Texas Intermediate dropped 6.1% to $92.85.
Despite the drop, this level is still significantly higher than the price of crude oil before the war between the U.S., Israel, and Iran, which was around $70 per barrel. Currently, the average gas price in the United States is about $4 per gallon, according to a report from NBC News.
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