President Donald Trump lashed out at critics of his deal to end the war with Iran early on Thursday while touting soaring stock markets and falling global oil prices, hours after both he and his Iranian counterpart signed a preliminary agreement to reopen the Strait of Hormuz and end hostilities.
President Donald Trump gestures as he leaves the stage after a media conference at the end of the G7 summit.
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In a post on Truth Social as he flew back from the G7 Summit in France, the president described his critics as “fools” for thinking he has not been “tough enough on Iran.”
The president then touted the stock market hitting a “RECORD HIGH” and said global oil prices were “tumbling” before he dismissed people questioning the deal as “either jealous, bad people, or stupid.”
The post was made hours after Trump signed a copy of a memorandum of understanding to end the Iran war and reopen the Strait of Hormuz in Versailles.
According to AAA’s tracker, the national average gas price fell to $3.99 per gallon on Thursday, dropping below the $4 mark for the first time in more than two and a half months. Prices at the pump soared past the $4 mark for the first time at the end of March and topped $4.50 per gallon last month, driving up inflation. Despite the decline, the average price remains more than $1 above pre-war levels.
The global benchmark Brent Crude Futures fell to $77.8 per barrel on Thursday, down from around $94 at the start of this month. The price still remains slightly elevated above the pre-war level of around $70 per barrel.
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