TREE NEWS update: Donald Trump said the rise in US prices is the fault of Joe Biden and his administration, not his own. He said oil prices were higher under Biden and that he had stopped Iran from obtaining a nuclear weapon. Apart from oil, prices are falling sharply, and oil will plunge once the military conflict with Iran ends — a day he said is not far off.
Trump Blames Biden for Inflation, Says Oil to Plunge After Iran Conflict
This is political framing rather than a market signal: attributing US inflation to a predecessor and forecasting an oil plunge once the Iran conflict ends amounts to a claim about direction, not a policy or data point traders can act on. The linkage that matters is the implied causal chain — conflict resolution as the trigger for lower crude — since that ties energy prices to geopolitical de-escalation rather than to supply, inventories or demand. Whether that de-escalation actually arrives, and whether oil responds as described, is the open question.
Generated by AI for reference only.
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