President Donald Trump said Tuesday that rising gas prices and recent market fluctuations tied to the ongoing conflict with Iran would reverse quickly once U.S. involvement ends, arguing that both energy costs and broader economic indicators are directly linked to the timeline of the military operation.
Speaking to reporters at the White House on March 31, 2026, Trump acknowledged that Americans are currently feeling the impact of higher fuel costs, with gas prices reaching $4 per gallon. He indicated that the situation is temporary and tied to U.S. activity in the region, particularly around the Strait of Hormuz, where ongoing instability has disrupted global oil shipments and driven crude prices above $100 per barrel.
Reporter: What is the plan to bring prices down?
— Clash Report (@clashreport) March 31, 2026
Trump: All I have to do is leave Iran. We will be doing that vey soon. pic.twitter.com/DJPNFvRZga
“Reporter 4: Mr. President, a couple of questions for you on Iran. the first one that affects Americans here at home gas prices. Today they hit $4. Americans are feeling the effects. What is the plan to bring them back down?
President Trump: All I have to do is leave Iran and we’ll be doing that very soon. And they’ll become tumbling down. and stock prices were up today almost to a record because they know two things. Number one, we have a safe country. We had to take a little detour because we had a mad man named Kummeni who sadly is no longer with us and we had regime change already. We’ve knocked out one regime, then we knocked out the second regime.”
Trump tied the recent spike in oil prices to the temporary closure and instability surrounding the Strait of Hormuz, a critical global shipping route for energy supplies. Disruptions in the strait have limited tanker traffic, contributing to rising costs that have filtered down to U.S. consumers at the pump.
At the same time, Trump pointed to gains in the stock market, noting that major indexes approached record levels following signals that the conflict could soon wind down. He framed investor confidence as a reaction to both U.S. military success and expectations of a near-term withdrawal.
According to Trump, the end of U.S. operations in Iran is imminent, suggesting that once forces leave the country, both oil supply chains and global markets will stabilize. He emphasized that the current economic pressure is tied to what he described as a short-term “detour,” adding that prices would “come tumbling down” once that phase concludes.