Summary
- US President Donald Trump said gasoline prices would fall once the Iran war ends.
- The remark reflected a view that oil prices could stabilize if supply concerns caused by the war ease.
- The market is focused on how the end of the war could affect energy prices and geopolitical risk, with progress in negotiations and changes in the Middle East remaining key variables.
Forecast Trend Report by Period
US President Donald Trump said energy prices could decline after the war involving Iran ends. He also weighed in on Iran's participation in international sports.
On May 30, Trump said gasoline prices would fall once the Iran war is over, according to Walter Bloomberg.
The remark reflected a view that oil prices could stabilize if supply concerns caused by the war ease.
Trump also said Iran should be allowed to compete in the World Cup.
Markets are watching how an end to the war could affect energy prices and geopolitical risk. Progress in negotiations and changes in the Middle East situation remain key variables.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
