Inflation AND soaring cost of goods and services, including petrol began with Biden and ended with Trump. Thats just how it is.
"Key Drivers:
Israel-Iran Ceasefire: A fragile ceasefire, following Israel’s attacks on Iran’s nuclear program, stabilized oil markets, preventing price spikes. Robert McNally, a former energy advisor to President George W. Bush, stated that sustained peace could keep prices stable.
Oil Supply: West Texas Intermediate (WTI) crude oil prices fell to ~$72/barrel in June 2025, down from $120 in 2022, due to increased OPEC+ production and no major supply disruptions.
Seasonal Factors: Summer-blend gasoline, used May 1–September 15, is costlier due to emission controls, but lower demand and cheaper winter-blend production kept prices in check."
https://www.nytimes.com/2025/06/26/business/summer-gas-prices-lowest-since-2021.html
https://www.cnn.com/2025/06/20/business/tariff-price-increases-inflation-explained