Trump claims he may have to let oil prices rise again.

On August 5 local time, during an event in Las Vegas, U.S. President Trump stated in his speech that oil prices have recently dropped and have stabilized to some extent, "We might need to let it rise again," but he "hopes it won't come to that." Trump did not elaborate on the meaning of this statement. An analysis by the Associated Press pointed out that although Trump has repeatedly assured that the conflict with Iran is nearing its end, oil prices usually rise again when tensions flare up between the two sides.