Washington DC, May 12 -- US President Donald Trump on Tuesday hinted at keeping all options open to help ease rising crude oil prices, while expressing confidence that inflation would decline once the ongoing conflict with Iran comes to an end.

He made the remarks while responding to ANI.

When asked if he would extend the waiver on sanctioned Russian oil in order to help ease crude prices, President Trump told ANI, "We're going to do whatever is necessary, and as soon as this war is over, which will not be long, you're going to see oil prices drop and see a stock market, which is already at the highest point in history, go through the roof."

The United States had eased sanctions on Russian oil in mid-March to counteract global oil shor...