Trump says oil prices will drop 'very big' after he ends Iran war
President Donald Trump predicts a substantial drop in oil prices once the Iran war concludes. He indicated that fuel costs could stabilize or slightly increase by the November congressional elections. However, in a later interview, Trump clarified...
By AP |
Reuters
Washington, United States President Donald Trump has said that oil prices will drop 'very big' after he ends Iran war.
In an interview Sunday with Maria Bartiromo of Fox News, Trump had said fuel prices could be the same or "maybe a little bit higher" by the November congressional elections.
But in a separate interview with Bartiromo, which was taped on Tuesday at the White House and broadcast on Wednesday, Trump claimed he'd been misquoted and tried to overcome the blowback from his previous comments.
He said he's happy with oil costing about USD 92 per barrel. "It's going to come dropping down very big as soon as this is over," he said, referring to the war. "And I think it can be over very soon."
Later in the interview, he predicted that gas prices, now averaging slightly above USD 4 a gallon, will be "much lower" by the elections.
Speaking again about the war, Trump said, "When that's settled, gas prices are going to go down tremendously."
In an interview Sunday with Maria Bartiromo of Fox News, Trump had said fuel prices could be the same or "maybe a little bit higher" by the November congressional elections.
But in a separate interview with Bartiromo, which was taped on Tuesday at the White House and broadcast on Wednesday, Trump claimed he'd been misquoted and tried to overcome the blowback from his previous comments.
He said he's happy with oil costing about USD 92 per barrel. "It's going to come dropping down very big as soon as this is over," he said, referring to the war. "And I think it can be over very soon."
Later in the interview, he predicted that gas prices, now averaging slightly above USD 4 a gallon, will be "much lower" by the elections.
Speaking again about the war, Trump said, "When that's settled, gas prices are going to go down tremendously."
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