Trump told CNBC that the drop in energy prices was due to increased production, including by the OPEC countries and others, and he expected further declines. "If you notice OPEC and OPEC+, they're drilling more because I think they want me happy," he said.

US President Donald Trump has claimed that lower energy prices could influence Kremlin leader Vladimir Putin and force him to end the war against Ukraine. Source: Trump in an interview with CNBC, as reported by European Pravda Details: The US president believes that lowering oil prices is enough to force Putin to end the war.

Falling oil prices could compel Russian President Vladimir Putin to end the war in Ukraine, U.S. President Donald Trump suggested in an interview with CNBC aired on Aug. 5. Russia's energy exports remain the key source of income for its wartime economy and continue to finance its full-scale invasion of Ukraine.