Trump Predicts Decline in Oil Prices Amid Iran Negotiations
Iran wants a deal badly, oil prices to plummet: Donald Trump

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US President Donald Trump stated that Iran is eager to negotiate a deal, predicting a rapid resolution to ongoing conflicts and a significant drop in global oil prices. This comes as the US Senate passes a resolution to limit Trump's military powers regarding Iran, reflecting bipartisan concern over military engagement.
- 01Trump emphasized that there is an abundance of oil, which will lead to falling prices.
- 02The Senate's resolution passed with a 50-47 vote, limiting Trump's war powers unless authorized by Congress.
- 03Four Republican senators joined Democrats in supporting the resolution, indicating bipartisan support.
- 04Senator Adam Schiff described the vote as a necessary step to end what he termed an 'unconstitutional war.'
- 05Trump delayed a planned military attack on Iran following requests from leaders of Qatar, Saudi Arabia, and the UAE.
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During a recent press conference, US President Donald Trump asserted that Iran is desperate to reach a deal, predicting that the ongoing conflict would conclude swiftly and that global oil prices would decline significantly due to abundant supply. He stated, "There's so much oil out there, they're going to come plummeting down." This statement coincided with the US Senate's passage of a resolution aimed at limiting Trump's military powers regarding Iran, which passed with a narrow 50-47 vote. Four Republican senators joined most Democrats in support of the measure, reflecting a growing bipartisan concern over military engagement in Iran. Senator Adam Schiff remarked on the importance of this vote in demanding an end to what he described as an unconstitutional war, while Senator Bernie Sanders echoed the sentiment that the American public opposes spending on endless wars. Additionally, Trump revealed that he had delayed a planned military strike on Iran at the request of Gulf leaders, who expressed optimism about ongoing negotiations for a peace deal that would prevent Iran from acquiring nuclear weapons.
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The Senate's resolution may affect military engagement policies, impacting U.S. foreign relations and military strategy in the Middle East.
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