Trump blames Biden for rising prices, predicts oil drop after Iran conflict
Donald Trump says oil prices will fall sharply once the military conflict with Iran ends, and blames Joe Biden's administration for price increases in the US.
Key Takeaways
AIFormer US President Donald Trump has predicted a sharp decline in oil prices following the end of the military conflict with Iran, asserting that this will happen soon. He also defended his stance on rising prices in the United States, attributing the increases to the administration of former President Joe Biden.
Writing on the Truth Social platform, Trump said oil prices would drop significantly as soon as the military conflict with Iran concludes, adding that this "will not take long."
Trump clarified that the rise in prices across the US was not due to his policies, but rather to Biden's administration. He expressed hope that everyone would recognize that the nationwide price increases were caused by "Joe Biden and the Biden administration, not Trump."
https://truthsocial.com/@realDonaldTrump/posts/117270347763611160
Trump also noted that oil prices were higher during Biden's tenure compared to current levels, adding that the United States had prevented Iran from acquiring a nuclear weapon.
He stressed that, aside from oil prices which are temporarily elevated, "prices are dropping sharply" across the US, linking the continued high oil prices to the ongoing military conflict with Iran.