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Trump: Now it's just a matter of war, but the price of oil will drop a lot

2026-03-12 09:40:10Kosova&Bota SHKRUAR NGA REDAKSIA VOX
Trump: Now it's just a matter of war, but the price of oil will drop a lot
Donald Trump

US President Donald Trump said the decision by 32 countries to release oil reserves would "significantly lower oil prices".

While visiting a business in Cincinnati, Trump called fluctuating oil prices a "war issue."

"Prices are coming down very sharply," he said. "Oil is going to come down. This is just a matter of war happening. You can almost predict it. I would say it went up a little less than we thought. It's going to come down more than we, than anyone realizes."

He later said the US would "watch very closely" the Strait of Hormuz, adding: "The Strait is in excellent condition. We have eliminated all their ships. They have some missiles, but not many."


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