Trump predicts oil drop after Iran conflict

U.S. President Donald Trump affirmed that oil prices will significantly decrease if the United States wins the war with Iran, indicating that fuel prices will drop to $3 per gallon and then below $2 swiftly. He emphasized that Iran will never possess a nuclear weapon, and predicted that the United States will have nearly complete control over the Strait of Hormuz following the military escalation. The rising tension between Washington and Tehran has led to an increase in oil prices, with Brent crude nearing $98 per barrel, and reports suggesting that oil prices could reach $120 if the escalation continues.

Size: 120%Text Size

Notice: This Is an AI-Generated Summary

Display The Full Article