Get ready for Trump to chicken out on Iran as markets fall and gas prices rise
Congratulations, President Trump: The Israeli-U.S. war against Iran has just wiped out all of the U.S. gasoline-price savings achieved since you took office in January of last year. Average U.S. gasoline prices rocketed Tuesday to $3.109 a gallon, according to AAA. That’s exactly where they were on Jan. 20, 2025. That’s an astonishing jump of 15 cents since the start of the war a few days ago, and of 30 cents since the start of this year.