• Gas prices have risen during the US and Israeli war on Iran and Iranian attacks on nearby countries Reuters Published April 19, 2026 Updated about 11 hours ago WASHINGTON: US Energy Secretary Chris Wright said on Sunday he believes gas prices have peaked but predicted that they may stay above $3 per gallon until next year. Gas prices have risen during the US and Israeli war on Iran and Iranian attacks on nearby countries, creating political headwinds for President Donald Trump ahead of the November midterm elections, where his Republican Party will defend slim majorities in the Senate and House of Representatives. Gas below $3 a gallon “could happen later this year, that might not happen until next year. But prices have likely peaked, and they’ll start going down,” Wright told CNN’S “State of the Union” program. “Certainly with the resolution of this conflict, you’ll see prices go down.” Trump administration officials have offered differing views on how gas prices may shift. Treasury Secretary Scott Bessent last week predicted gas prices would fall to the $3 per gallon range this summer, while Wright on Sunday laid out a lengthier likely timeline to reach that price. Trump himself has said that gas prices may remain elevated until November. All of them have predicted gas prices will eventually get cheaper once the Iran war ends. “Under $3 a gallon is pretty tremendous…