Trump: Oil will return cheaper than it was once the operation in Iran ends
Sources told the agency "Reuters"Today, Tuesday, US President Donald Trump will review a set of political options aimed at controlling oil prices in light of the escalation of the conflict in the Middle East, including the US government’s proposal to help oil tankers in the region obtain the necessary insurance for shipments.
Trump sets a reduction in Energy pricesare a key focus of his economic agenda, stressing that lower fuel prices are the key to easing inflation and supporting consumer spending.
Trump told reporters on Tuesday that Americans "They may have to live with higher oil prices for a short time, but once this crisis is over, these prices will fall, and I believe they will fall to lower levels than before.".
And War risk insurance, and some companies have reduced or withdrawn their insurance coverage altogether.
High insurance costs have increased the cost of sailing through the region for oil tankers willing to take the risk, prompting some operators to postpone their trips or search for alternative routes.
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