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Oil prices plunged after Trump warned that Tehran would be hit "twenty times harder" if it attempted to halt oil flows through the Strait of Hormuz.
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"You can lie about many things in American life, but one thing you can't lie about is gas prices," Late Night host Seth Meyers said. "Everyone sees it."
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The attack on Iran has led to a surge in energy prices at a moment when the cost of living is a major issue heading into the fall elections.
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The war's price, measured in damage to the economy and in political costs to Trump, is still coming into view.
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Trump's answered questions about the U.S.-Israel-led war in Iran at a press conference — his first since the attacks began — held as oil and gas prices soar.
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Gulf Arab oil producers are cutting production as they run out of storage space because they can't export through the Strait of Hormuz
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