Trump Predicts Oil Prices Will Plummet After Conflict with Iran Ends

US President Donald Trump stated on Sunday that oil prices will decrease once the conflict with Iran concludes. He claimed that fuel costs are already lower than during his predecessor Joe Biden's administration.

Trump pointed to broader economic indicators, praising record US employment figures and peak per-capita income levels under his administration.

'Oil will come dropping down as soon as Iran gives up, as soon as the war is over, which will be soon. Oil is going to come plummeting down, and oil prices are coming down,' he said.