At a Las Vegas event on August 5, U.S. President Trump said oil prices have fallen and stabilized recently, adding that the country "may have to let them go back up" but that he hopes it does not come to that. Trump offered no further explanation. The Associated Press noted that oil prices typically rise whenever U.S.-Iran clashes flare up again, despite Trump's assurances that the war with Iran is nearly over.
ChainCatcher reports, citing Jinshi, that U.S. President Trump said at a Las Vegas event on August 5 that oil prices have fallen and stabilized recently. "We may have to let them go back up," he said, though he hopes it "does not come to that." Trump did not elaborate on the remark.
The Associated Press observed that while Trump has repeatedly assured that hostilities with Iran are drawing to a close, oil prices typically climb whenever the two sides resume fighting.
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