Politics · United States · 1 hr ago
Trump says oil prices will fall sharply soon
US President Donald Trump said oil prices would soon fall sharply at a Republican rally in Florida.
He said prices had reached record levels after the US operation in Iran began.
Trump said the market was now improving noticeably.
The rally was held ahead of the US midterm Congressional elections.
He gave no timetable or figures for the expected drop.
The remarks did not include further details about what might happen to prices next.
US President Donald Trump said oil prices would fall substantially soon.
He made the remarks at a Republican rally in Florida.
Trump said prices had risen to record levels after the start of the US operation in Iran.
He said the market was now improving noticeably.
The rally took place ahead of the midterm Congressional elections.
- Who
- US President Donald Trump.
- What
- He said oil prices would fall substantially soon.
- When
- October 24, 2026.
- Where
- A Republican rally in Florida.
- Why
- Trump said the market was improving noticeably after prices rose to record levels following the start of the US operation in Iran.
This story does not have two clearly opposing sides.
This story does not have a timeline yet.
- Speaker
- Donald Trump
- Location
- Florida
- Event
- Republican rally ahead of the midterm Congressional elections
- Price outlook
- Trump said oil prices would fall substantially soon
- Cause of earlier rise
- Start of the US operation in Iran
What people are saying
Oil prices will soon plummet, prices are coming down very substantially