Fact-check · Oct 1, 2026 · Donald Trump
“The energy prices are gonna be rapidly, rapidly coming down”
FALSE
What the record shows
Iran raised petrol prices twice since December 2025, with September 2026 increases doubling costs for consumption above 110L/month. Electricity costs surged 3-4x in July 2026. Domestic fuel prices held steady at $0.029/L through October 2026.
Iran's energy prices have risen, not fallen. Petrol prices increased in September 2026 and electricity costs tripled in July 2026.
Sources
From: President Trump Participates in a Site Visit, Oct. 1, 2026
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