Trump Iran war speech addresses gas prices, calls on nations to buy US oil, 'grab' Strait of Hormuz
April 2, 2026
USA TODAY
In an address to the nation, President Donald Trump claimed the sharp increase in gas prices would be "short term: and that the Strait of Hormuz would "automatically" reopen once the Iran war ends, which Trump suggested would be soon after saying the US was close to achieving it's objectives with strikes on Iran. "Gas prices will rapidly come back down.
Stock prices will rapidly go back up," Trump predicted. Trump's speech case as the average price of a gallon of gas across the country topped $4. Iran has said they moved to shut down the Strait of Hormuz in response to U.S. and Israeli attacks. Trump insisted nations should also take action to "grab" it back and to also buy oil from the US.
USA TODAY
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