Donald Trump predicted oil and gas price collapse after US victory in war with Iran
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Aaj Tak
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Donald Trump predicted oil and gas price collapse after US victory in war with Iran

Amid ongoing tensions in the Middle East between the US and Iran, which show no signs of subsiding, changes are being observed in the global crude oil and gas market. Currently, the price of Brent Crude exceeds $97, intensifying concerns about global instability and rising inflation.

Against the backdrop of rising energy prices, American President Donald Trump made a bold prediction on Monday. He stated that following America's victory in the war against Iran, there will be a significant drop in crude oil prices, and gas prices could also fall sharply. These statements were made after Iran increased gas prices for major consumers.

In a recent post on his social media platform Truth Social, American President Donald Trump linked the rise in energy prices to the current conflict in the Middle East. He asserted that the US would achieve victory in this war, after which markets would stabilize. In his message, Donald Trump wrote that oil prices would plummet after defeating Iran, similar to how all other commodities fall. He also predicted that gas prices would drop to $3 per gallon and eventually fall below two dollars per gallon.

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