Is it pressure from OPEC? Or is it a planned strategy? Oil prices must neither be too high nor too low for the benefit of the United States. If the situation in the Strait of Hormuz deteriorates and there is no additional production increase in September, Trump will be at a significant disadvantage in the midterm elections. With the House already expected to favor Democrats, if Democrats take control of the House, Trump could face an extremely difficult period after the midterm elections.
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