Trump says gas prices not very high; Americans disagree
CNBC • • nation
Key Points:
- President Donald Trump downplayed concerns about rising gas prices amid the Iran war, stating prices are "not very high" and have recently decreased slightly after a ceasefire announcement.
- Gas prices have surged 49% since early 2026, reaching an average of $4.09 per gallon for regular gasoline and $5.65 for diesel, largely due to the U.S. and Israel's conflict with Iran.
- A Quinnipiac University poll found 65% of registered voters blame Trump at least "some" for the gas price increase, while only 38% approve of his handling of the economy, matching his lowest approval ratings.
- Trump emphasized the importance of preventing Iran from acquiring nuclear weapons, suggesting this goal justifies the economic challenges, and highlighted positive stock market performance despite the price hikes.
