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Trump Predicted Oil Would Fall—Now Prices Are Moving His Way

Trump Predicted Oil Would Fall—Now Prices Are Moving His Way

23 Jun 2026
Trump Predicted Oil Would Fall—Now Prices Are Moving His Way Oil prices have fallen to around $79 a barrel after the first round of U.S.-Iran talks ended with what mediators described as encouraging progress. With the Strait of Hormuz remaining open and negotiators moving toward a broader agreement, attention is now turning to whether lower energy costs could eventually reach consumers at the gas pump.

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