He said current oil prices around $79 have had little effect on the economy, framing lower energy costs as a likely outcome once conditions settle.
Donald Trump said oil prices could drop to $55 once the situation stabilizes. He added that current levels around $79 have had little effect on the economy. The remarks point to energy prices as a key macro variable for inflation and growth, with cheaper crude often seen as easing pressure on consumers and businesses if broader conditions become calmer.