Trump said the decline in oil prices showed that the military action had not triggered the kind of energy market disruption some had feared.
President Donald Trump has declared that the "denuclearisation of Iran is moving along" following recent US military action, while also pointing to what he described as positive economic indicators, including a rising stock market and falling energy prices.
Speaking on the development, Trump said the decline in oil prices showed that the military action had not triggered the kind of energy market disruption some had feared.
"The oil price is way down. We're down at 68. I see it hit 68 today. That's lower than when I started the, I guess you could call it an attack on Iran so that they never have a nuclear weapon. So the oil price is now lower, the retail prices, the gasoline is coming down rapidly," Trump was quoted as saying by Fox News.
The President also maintained that Iran's denuclearisation efforts were progressing in the aftermath of the US military operation, while highlighting the performance of the U.S. stock market and declining domestic fuel costs as signs of economic strength.
