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Trump: We May Have to Let Oil Prices Rise Again

2026-08-06 00:50

Odaily News: U.S. President Trump said at an event in Las Vegas on August 5 local time that oil prices have recently fallen and stabilized, "We may have to let it go up again," but he "hopes it won't come to that." Trump did not further explain the meaning of these remarks. The Associated Press noted that despite Trump's repeated assurances that hostilities with Iran are nearing an end, oil prices typically rise when conflicts between the two sides escalate again. (Jin10)