President Donald Trump has admitted that he anticipated oil prices would increase significantly due to the ongoing conflict with Iran, with predictions that they could reach $200 per barrel. Despite facing daily criticism over rising oil prices, Trump had anticipated a rise in oil prices due to increased tensions with the Middle East. He also expressed surprise that the stock market has not been negatively impacted by the situation, despite expectations that oil prices could drop further. If oil prices reach $100 per barrel, they would be above record pricing. The current oil price is currently at $90 per barrel and the highest since 2022.