Trump: Oil prices will collapse immediately after the war ends

The US President said: “Once the war ends, and this will happen soon, oil prices will collapse, and all prices will fall. But food prices have already fallen significantly since Joe Biden left the office of US President.”

Trump added: “Almost all prices have decreased significantly, and remember one thing: oil is now cheaper than it was during the Biden administration.” But despite all that, we get huge amounts of oil.”

He confirmed that yesterday evening, a record volume of oil was transported through the Strait of Hormuz, and that the quantity was more than what was exported before the war.

However, the US President did not specify the amount of oil transported through the Strait.