US President Donald Trump has taken to his Truth Social platform to declare a major victory on the energy front, announcing that global crude oil prices have fallen to around $69 per barrel \u2014 a level not seen since before tensions with Iran escalated.<\/p>\n\n\n\n
Trump pointed to the decline in West Texas Intermediate (WTI) crude as proof that his diplomatic and military strategy is bearing fruit. The price slide comes in the wake of a fragile interim agreement with Tehran, which had previously blocked oil tanker traffic through the Strait of Hormuz \u2014 a critical chokepoint responsible for roughly one-fifth of the world’s seaborne energy supply.<\/p>\n\n\n\n
The president framed the falling energy costs as a direct outcome of his administration’s policies, presenting it as vindication of his approach to both foreign affairs and economic management.<\/p>\n\n\n\n
Beyond oil prices, Trump used the same platform to make sweeping claims about Iran’s nuclear ambitions. He stated with confidence that Tehran would never acquire nuclear weapons \u2014 crediting a combination of diplomatic pressure and military deterrence for what he described as a decisive shift in Iran’s capabilities.<\/p>\n\n\n\n
Trump also boasted that his approval ratings have reached an all-time high, though he offered no specific figures or polling sources to back the claim.<\/p>\n\n\n\n
The broader context adds weight to the price drop: WTI crude had surged past $120 per barrel earlier this year at the height of the US-Iran conflict, making the current slide toward $70 a significant reversal. However, analysts note that prices remain well above pre-war levels, and gasoline at the pump has not fallen proportionately \u2014 a gap Trump has separately flagged, even directing the Department of Justice to look into potential price gouging by oil companies.<\/p>\n\n\n\n
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US President Donald Trump has taken to his Truth Social platform to declare a major victory on the energy front, announcing that global crude oil prices have fallen to around $69 per barrel \u2014 a level not seen since before tensions with Iran escalated. Trump pointed to the decline in West Texas Intermediate (WTI) crude […]<\/p>\n","protected":false},"author":1,"featured_media":3521,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[],"class_list":["post-3520","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-international"],"blocksy_meta":[],"_links":{"self":[{"href":"https:\/\/publicpublication.com\/ur\/wp-json\/wp\/v2\/posts\/3520","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/publicpublication.com\/ur\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/publicpublication.com\/ur\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/publicpublication.com\/ur\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/publicpublication.com\/ur\/wp-json\/wp\/v2\/comments?post=3520"}],"version-history":[{"count":1,"href":"https:\/\/publicpublication.com\/ur\/wp-json\/wp\/v2\/posts\/3520\/revisions"}],"predecessor-version":[{"id":3522,"href":"https:\/\/publicpublication.com\/ur\/wp-json\/wp\/v2\/posts\/3520\/revisions\/3522"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/publicpublication.com\/ur\/wp-json\/wp\/v2\/media\/3521"}],"wp:attachment":[{"href":"https:\/\/publicpublication.com\/ur\/wp-json\/wp\/v2\/media?parent=3520"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/publicpublication.com\/ur\/wp-json\/wp\/v2\/categories?post=3520"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/publicpublication.com\/ur\/wp-json\/wp\/v2\/tags?post=3520"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}