Trump calls his energy secretary ‘totally wrong’ on gas prices, predicts drop below $3 when the Iran conflict ends

Former President Trump criticized his energy secretary's views on gas prices, asserting that prices could fall below $3 per gallon once the conflict in Iran is resolved. This statement reflects a potential shift in market sentiment regarding energy prices, driven by expectations of reduced geopolitical tensions and subsequent supply stabilization. Natural gas markets, particularly in the U.S., may experience volatility as traders reassess their risk appetite in light of these comments and the broader implications for energy supply. The upcoming developments in the Iran conflict will be a key catalyst for market movements, as traders will closely watch for any signs of de-escalation or resolution that could impact energy prices.

HIGH-impact news is typically a market-moving event with multi-pip or multi-percent intraday reactions. Examples include central bank rate decisions, major CPI/NFP releases, geopolitical shocks, mega-cap earnings beats/misses, and regulatory announcements. Traders typically position-reduce or hedge ahead of scheduled HIGH-impact events, and follow the wire in real time to react to unscheduled ones (war headlines, central-bank emergency statements, surprise corporate actions). The Trading News Terminal squawk box reads every HIGH-impact headline aloud the moment it hits the wire — so active traders don't have to stare at the feed.

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