Trump Predicts Oil Prices Will Plummet Once Iran Gives Up
US President Donald Trump made comments on oil prices and his administration's economic performance before leaving for the Chicago area to attend the Presidents Cup. He stated that once Iran gives up, global oil prices will decrease further.
Trump highlighted energy production trends, claiming a record volume of oil was extracted overnight, surpassing pre-war production levels. He pointed out that fuel costs are already lower than during his predecessor Joe Biden's administration.
The president also mentioned broader economic indicators, praising record US employment figures and the lowest poverty rate in American history. Trump plans to remain at the competition for a period of time accompanied by members of his team.