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BlockBeats News, August 6: During an event in Las Vegas on August 5 local time, U.S. President Trump stated that the recent oil prices have fallen and somewhat stabilized, saying, "We may have to let it go up again," but he "hopes it doesn't have to go that far."
Trump did not further elaborate on the meaning of this statement. An analysis by the Associated Press pointed out that despite Trump's repeated assurances that the conflict with Iran is about to end, oil prices usually rise again with renewed tensions between the two sides.
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