📍 President Trump:
As soon as Iran capitulates, as soon as the war is over—something that will happen soon—oil prices will start to fall. Oil prices will fall sharply and the price of everything will go down.
But the price of food, compared to the Biden era, has come down a lot. Almost the price of everything has gone down.
Oil prices are now lower than they were since the Biden administration took office.
We are producing very large amounts of oil. Last night, we set a record for oil being shipped out of the Strait of Hormuz—more than any amount we had shipped out before the war.
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