Former U.S. President Donald Trump says oil and gas prices could plunge to below $2 in the context of a conflict involving Iran. He frames the potential price move as a sharp decline that would affect energy costs for consumers and businesses.
The two outlets present the claim in broadly similar terms but with slight differences in emphasis. Seeking Alpha focuses on the expected speed and magnitude of the drop for both oil and gas, reporting Trump’s view that prices could fall below the $2 level. The Economic Times (India) similarly reports Trump’s statement that oil could fall below $2, emphasizing the commodity price outcome rather than detailing gas separately. Both accounts tie the projection to heightened uncertainty around Iran-related developments.
Neither source provides additional data in the provided text to support the forecast or cites specific market moves, timeline, or conditions that would be required for such low pricing to occur. The reporting therefore reflects Trump’s prediction rather than confirmed trading or official policy changes in the excerpts.
