Trump: Oil Prices to Drop Once Iran Nuclear Threat Neutralized
US President Donald Trump stated on Truth Social that oil prices will significantly decline once the Iranian nuclear threat is neutralized, calling the current price surge a minor inconvenience for global safety. He claimed "short-term oil prices will drop rapidly" after addressing the threat, framing it as a necessary step for "safety and peace" of the US and world. This follows a 20% oil price increase to levels not seen since July 2022, driven by escalating US-Israeli conflict concerns and potential Strait of Hormuz supply route disruptions.
SOURCE: https://dailypost.ng/2026/03/09/iran-nuclear-weapon-trump-reveals-when-oil-prices-will-drop/