US President Trump declares that ‘big announcement’ will happen soon on diesel amid soaring prices

According to a report by Al Jazeera English on Friday October 9, 2026, US President Donald Trump has hinted at an upcoming announcement on diesel, predicting that prices, which are approaching record levels, will soon fall sharply.

Speaking at the White House, Trump said his administration was preparing a major development concerning the fuel, although he offered no details about what the announcement would involve.

“We have a big announcement coming up on diesel, I think,” Trump said.

He also linked his optimism over fuel prices to the US campaign against Iran, claiming that Washington had prevented Tehran from obtaining a nuclear weapon. Trump predicted that diesel prices would soon tumble, adding that the situation would be resolved one way or another.

The comments come as the administration has recently pressed European countries to release emergency diesel reserves in an effort to ease the surge in prices.

However, Trump did not specify when the announcement would be made or outline the measures his government might introduce to bring costs down.

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