Trump claims that the Iranian navy has suffered a heavy blow, and oil prices will fall.

President Trump said that the Iranian navy has been severely damaged and as a result, oil prices will fall. He described the rising costs as "purely a war issue" and said that the progress of the conflict has been smoother than he had anticipated. Trump said during a visit to the life science company Thermo Fisher Scientific in Ohio, "For them, this is a war; for us, the war is easier than we imagined."