Trump: Oil prices will plummet after war ends ‘very soon’
Trump said oil will drop once Iran ends the conflict, while CENTCOM says it has helped move more than 1 billion barrels through the Strait of Hormuz.
- US President Donald Trump said global oil prices will fall further when the conflict with Iran ends, which he said would happen “soon.”
- Trump claimed that US oil production had reached a record level and that oil was cheaper than during Joe Biden’s administration.
- Iran proposed a seven-day ceasefire, reopening the Strait of Hormuz, and negotiations over its nuclear program, but Trump rejected the proposal.
- Iranian Foreign Minister Abbas Araghchi said Iran was awaiting mediators’ response before deciding how to proceed.
10 Articles
10 Articles
After that, he said, oil prices would go down sharply.
'Oil Will Come Dropping Down as Soon as Iran Gives Up': Trump Says War Will be Over 'Soon'
Speaking briefly before departing the White House prior to taking off for the Chicago area to attend the Presidents Cup, Trump highlighted energy production trends, claiming that a record volume of oil was extracted overnight, surpassing pre-war production levels.
Oil will come dropping down as soon as Iran gives up: Trump says war will be over soon
Speaking briefly before departing the White House prior to taking off for the Chicago area to attend the Presidents Cup, Trump highlighted energy production trends, claiming that a record volume of oil was extracted overnight, surpassing pre-war production levels.
Trump claims oil prices will come down after Iran war – but X/Twitter isn’t buying it
US president Donald Trump's latest remarks on Iran have been met with disbelief online, after he claimed oil prices will go down 'as soon as Iran give up' and 'the war is over'. The Republican made the comments on Sunday, just days after a CNN/SRSS poll found just one in four Americans approve of his administration's handling of the war.
Coverage Details
Bias Distribution
- 70% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
