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Trump: Oil prices will “fall rapidly” after war ends

US President Donald Trump

© APA | US President Donald Trump

# 16 March 2026 18:24 (UTC +04:00)

Oil prices will “fall rapidly” after the war ends, US President Donald Trump said in a statement to a PBS correspondent, APA reports.

The US president said he expects oil prices to “drop rapidly” once the war with Iran is over.

During a brief phone conversation with the correspondent, Trump also added that the war would not last long.

Responding to a question about how long the war might continue, Trump said, “I don’t believe it will take very long.”

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