US President Donald Trump said on Monday that he expects oil prices to decrease significantly once the conflict with Iran is resolved. In an interview with Fox News, Trump mentioned that he anticipates a victory in the war soon, achieved through both economic pressure and military operations. He emphasized that the key to success is preventing Iran from acquiring nuclear weapons.
Trump stated that a return to military strikes against Iran is possible but did not want to confirm it. He expressed confidence in achieving success on both the military and economic fronts in dealing with Iran. The President's comments come amid ongoing tensions between the US and Iran, which have led to fluctuations in global oil prices.
The conflict between Washington and Tehran has returned to its starting point, prior to the outbreak of the surprise US attack on Iran. The attack was triggered by Iran's insistence on pursuing a peaceful nuclear program for electricity generation, despite US demands to limit uranium enrichment to 0%. Iran had rejected the US proposal, leading to the escalation of hostilities.
In a recent statement on his Truth Social platform, Trump reiterated that he will not allow Iran to possess nuclear weapons during the current negotiations. He also revealed that he rejected an Iranian proposal to open the Strait of Hormuz under certain conditions, including the release of frozen Iranian funds and the lifting of oil sanctions.
An unnamed Iranian source told Reuters that Tehran will not abandon its right to a nuclear program unless the US lifts the naval blockade and sanctions. This stance contrasts with that of Iranian President Masoud Pezeshkian, who stated that Iran does not seek to acquire nuclear weapons. The differing views highlight the complexities of the ongoing negotiations.
The US and Iran have been engaged in a series of military exchanges, including Israeli participation in the attacks against Iran in 2025. In response, Iran launched strikes against US bases in the region. The situation remains volatile, with global implications for oil markets and regional stability.
Trump's comments on oil prices and the conflict with Iran come as the global community closely monitors developments in the region. The US and Iran have been locked in a cycle of tension and diplomatic efforts, with the outcome uncertain. The President's assertion that oil prices will decrease once the conflict ends offers some hope for a resolution to the crisis.
Key points
- Trump expects oil prices to drop to pre-war levels once the conflict with Iran ends.
- The US and Iran have been engaged in a series of military exchanges, including Israeli participation in the attacks against Iran in 2025.
- Trump reiterated that he will not allow Iran to possess nuclear weapons during the current negotiations.
