White House: Oil prices could fall if 'national security options' achieve objectives

Source
JH Kim

Summary

  • The White House said oil prices could fall if national security options are achieved through measures taken in response to Iran.
  • Press secretary Karoline Leavitt said the president and the energy team are closely monitoring market conditions and preparing additional measures.
  • She added that President Donald Trump is not afraid to use additional options in the energy sector and is confident about achieving the objectives quickly.

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The White House said oil prices could fall if measures taken in response to Iran achieve their objectives.

According to Walter Bloomberg on the 10th (local time), White House press secretary Karoline Leavitt said regarding the Iran issue that "if national security options are achieved, oil prices will fall."

She explained, "The president and the energy team are closely monitoring market conditions and are preparing additional measures," adding that "President Donald Trump is not afraid to use additional options in the energy sector."

She added, "President Trump is confident he can achieve the objectives quickly."

Photo = Shutterstock
Photo = Shutterstock
JH Kim

JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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