Key facts
- President Trump will announce investments in coal projects.
- Oil executives previously warned Trump about potential gas price spikes due to the Iran war.
President Trump is scheduled to make an announcement regarding investments in coal projects. This announcement follows recent warnings from oil executives who advised Trump that the ongoing conflict in Iran could lead to a spike in gas prices due to dwindling supplies. The administration had previously stated that gas prices would fall after the war concluded, though no end date for the conflict was apparent.