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Trump: Oil prices will plummet after war ends ‘very soon’

Trump said oil prices will fall as the conflict ends, while aides said he plans to keep pressing Tehran for nuclear concessions.

  • Donald Trump said global oil prices will fall further when the conflict with Iran ends, which he expects to happen “soon.”
  • Trump claimed that U.S. oil production reached a record level overnight and that oil prices are lower than during Joe Biden’s administration.
  • Iranian officials said Tehran was awaiting mediators’ final response after Trump rejected its proposed seven-day ceasefire plan, which included reopening the Strait of Hormuz.
Insights by Ground AI

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The US President once again claimed that his country would soon win the war with Iran and that oil prices would return to pre-war levels after the war ended.

·Tehran, Iran (Islamic Republic of)
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  • 62% of the sources lean Right
62% Right

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news-pravda.com broke the news on Sunday, September 27, 2026.
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