Trump promised a sharp drop in oil prices after the end of the conflict with Iran

US President Donald Trump promised that oil prices would fall sharply after the end of the Iranian conflict, which, according to him, does not have long to wait. He reported this on Truth Social.

“With the exception of oil, prices are falling sharply, and oil will rapidly become cheaper as soon as the military conflict with Iran ends,” the head of the United States wrote.

World oil prices, which reached $110 per barrel in the middle of the day, retreated from their peaks in the evening, adding 1.3 percent during the day to about $106. The new rise in prices, which occurred before oil fell slightly in price, continued the trend of last week, when another escalation between Washington and Tehran sent the cost of a barrel above $100.