Washington D.C.
Former U.S. President Donald Trump has credited his policies for what he describes as a significant decline in oil prices and a broader easing of inflation.
“Oil is way ahead of schedule and that’s because of our policies. Oil is down into the $60–$65 range now per barrel… Food is down, groceries are down… The costs are down. We have very little inflation,” Trump said in a recent statement.
Trump’s comments come amid ongoing public debate over economic conditions in the United States. While official data shows mixed trends across sectors, Trump emphasized that under his influence, essential commodities have become more affordable for American families.
The statement reflects Trump’s continued focus on economic issues as a central theme of his political messaging, especially as the nation gears up for the 2024 election cycle.
Analysts are closely watching inflation indicators and commodity markets to assess the accuracy and impact of such claims on voter sentiment.

