[Trump: U.S.-Iran Agreement Will Bring 'Free Oil,' Oil Prices Only Half of Expectations] BlockBeats News, April 17, U.S. President Trump stated that he expects an agreement with Iran to be announced soon, claiming that the agreement will bring the U.S. 'free oil' and a 'free Strait of Hormuz.' When asked about the economy and oil prices, Trump said that current oil prices are lower than previously expected. He stated: 'If you look at oil prices and what we are paying, it's about half of what people originally expected, provided you do what I had to do.' He added: 'I think the negotiations are currently very successful, and if an agreement is reached, it will be announced soon. This will give us free oil and a free Strait of Hormuz. Everything will be fine, and I think oil prices will be even lower than before.'