Donald Trump: “Oil is right now lower, and it's been lower than it was under the Biden administration.”

“I inherited high costs from the Democrats, or the Democrats, as I call them, because their policy is so bad. But we inherited a lot and we've gotten the prices down. Oil is coming down. Oil is right now lower, and it's been lower than it was under the Biden administration. And they did nothing about the fact that Iran cannot have a nuclear weapon. By the way, Iran, as you know, is virtually given up any plans of a nuclear weapon.” (00:18–00:24)

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.