Speaker predicts oil prices will fall after Iran 'gives up' and cites a recent "record" oil withdrawal

The presenter said oil prices will fall when Iran "gives up" and when the war ends, and asserted that oil is already less expensive than under the Biden administration. "Oil is gonna come plummeting down," he said, tying the outlook to foreign developments.

He also claimed a recent large withdrawal of oil, saying, "Last night, we took a record amount of oil out," and added that "we're taking tremendous amounts of oil out." The transcript does not specify where the oil was taken from, which agency or authority executed the withdrawal, or the quantity involved; those details were not provided in the remarks.