"Trump expressed that the oil price spike, which reached nearly $119 per barrel, was a necessary sacrifice to prevent Iran from developing nuclear weapons, stating, 'I was willing to do that to stop a nuclear weapon against this country or the Middle East.'"
"During an interview, Trump noted, 'If you told me at only $92 a barrel I would've been very surprised and you know what? I'm very happy,' reflecting his belief that the situation could have been worse."
Trump stated that the recent spike in oil prices due to the conflict with Iran is a necessary trade-off to prevent Tehran from obtaining nuclear weapons. The Strait of Hormuz has been affected, impacting global oil supply. Following a ceasefire, oil prices peaked at $119 per barrel but have since stabilized. In an interview, Trump acknowledged the stock market's struggles but expressed satisfaction with current oil prices, indicating he expected them to be higher. He remains optimistic that prices will drop significantly once the conflict concludes.
Read at www.mediaite.com
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