‘Oil will DROP LIKE A ROCK' after Iran war ends: President Trump

• President Trump predicts oil prices will 'drop like a rock' once the Iran conflict is over and the Strait of Hormuz reopens.
• The administration is considering a federal gas tax suspension and has made red-dyed diesel available for all consumers to ease prices.
• Tala Goudarzi agrees that oil prices will decrease once the Strait of Hormuz is open and risk is reduced, but stresses the need for increased refining capacity and permitting reform in the US for long-term solutions.

The video discusses President Trump's prediction that oil and gas prices will significantly drop once the Iran conflict concludes and the Strait of Hormuz reopens. Former acting assistant energy secretary Tala Goudarzi supports this view, emphasizing that current policy choices by the administration, such as considering a gas tax suspension and increasing refining capacity, aim to lower prices.