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The Economic Times

Global Business / The Economic Times

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Trump forecasts oil below $2 a gallon after US victory over Iran

President Trump forecasts oil prices will fall significantly after a US victory in the Iran conflict. He stated that gas prices could drop below two dollars per gallon. Iran's Parliament Speaker warned Washington against attacking its energy facilities. He asserted that American oil companies share exposure to Iranian assets. Both sides exchanged threats regarding potential military actions and economic consequences.

8 Sep 2026 6:57 am