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President Donald Trump on Thursday said Americans should anticipate paying higher gas prices “for a little while” as a result of the Iran war, without specifying a timeline.

But Trump said he is in no rush to make a peace deal with Tehran, while claiming the war has had less of an impact on both stocks and oil prices

than he had expected.

“I have to be honest, the stock market is at an all-time high right now. I thought it would have been down 20, 25 percent,” Trump told reporters in the Oval Office who had asked how much longer the war will last.