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Today's Paper | May 02, 2026

Published 02 May, 2026 01:50am

Expected stock market to go down much more, oil prices to go up much more, Trump says

US President Donald Trump says he expected worse numbers from the stock market when he launched strikes on Iran at the end of February, reiterating that Tehran cannot posess a nuclear weapon.

“I did something that was, I don’t know, foolish, brave … I would do it again, but I thought the numbers would be much worse,” Trump says, addressing a rally in Florida.

“I thought the stock market would go down much more; I thought the oil prices would go up much more. I said, ‘But we have no choice, whether it does or doesn’t, I have to do what’s right: we can’t let them (Iran) have a nuclear weapon,” he adds.

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