A day after posting on Truth Social that a ceasefire was reached between Israel and Iran, President Trump said he is not happy with either country.

Despite his comments the price of oil was still down on Tuesday by 6%.

Ed Hirs, Energy Fellow and Lecturer of the Department of Economics at the University of Houston, explained that it was a couple of months ago when prices started to go up.

Hirs said for daily consumers though, he believes gas prices may flare up a little bit, but then go back down.