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Oil Prices Will 'Plummet' Shortly After the Elections, Says Trump

· Telemundo McAllen (KTLM)

President Donald Trump stated on Wednesday that oil prices, which have surged due to the ongoing conflict with Iran, are unlikely to decrease until after the upcoming U.S. elections. Oil prices rose over 3% on Wednesday, with Brent crude surpassing $100 per barrel for the first time since July. Trump predicted that prices would 'plummet' shortly after the elections, suggesting that Iran would relent once the elections are over. He emphasized that the war, which has lasted seven months, is affecting oil flow from the Persian Gulf. Meanwhile, U.S. gasoline prices have significantly increased, averaging $4.22 per gallon.

AI summary · Source: Telemundo McAllen (KTLM)

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