Trump's War on Oil Prices: A Reality Check The latest salvo in President Donald Trump's Twitter fueled foreign policy is a claim that oil prices will plummet when the US "wins" its war with Iran.
This assertion builds on previous unsubstantiated promises about the economy, but it's worth examining why he thinks oil prices are tied to military victories.
Oil prices have been influenced by complex global market forces for decades: supply and demand imbalances, geopolitical tensions, and shifts in global economic power dynamics.