Donald Trump said energy prices could fall sharply once the current geopolitical crisis subsides, describing efforts to address Iran’s nuclear threat as a necessary step to ensure global security.
Trump acknowledged that rising tensions have triggered short-term volatility in global energy markets, pushing oil and gas prices higher. However, he stressed that preventing a larger security threat must take priority over immediate economic concerns.
The US President suggested that once tensions ease and stability returns, global energy markets could begin to normalize, potentially bringing relief to consumers and businesses worldwide.
Market uncertainty has also been driven by fears of disruption in the Strait of Hormuz, one of the world’s most critical oil shipping routes.
US officials maintain that resolving the standoff and restoring stability could eventually help lower global energy costs.
