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At close · Thu, Sep 10, 2026
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HomeGlobal MarketsTrade & TariffsTrump says oil and gas prices will stay high until aft…

Trump says oil and gas prices will stay high until after midterms

Trump tied the elevated energy prices to the Iran war and said they will not ease until after the midterm election period.

President Donald Trump said oil and gas prices will not fall until shortly after the midterm elections, according to CNBC Markets and CNBC World.

He linked the current level of energy prices to the Iran war, arguing that the conflict has kept costs elevated.

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