Trump Links Iran War’s End To US Midterms, Predicts Oil Prices Will Fall
Trump links war’s end to midterms and oil prices.
US President Donald Trump on Saturday said he expects the war between the United States and Iran to end after the US midterm elections in November. Speaking to reporters in Dublin, Trump said he believed the conflict could continue until after the elections, alleging that Iran was trying to prolong the war to complicate the political contest. He also predicted a sharp decline in oil prices once the conflict ends.
“I think very soon. I think it'll be probably right after the mid-terms,” Trump told reporters. He added that he believed people were aware of Iran’s alleged strategy. Trump also linked the expected end of the conflict to energy markets, saying, “When that happens, oil prices will come tumbling down.”
Meanwhile, Iranian President Masoud Pezeshkian said Iran does not want war or a continuation of the conflict. Speaking on the sidelines of the BRICS Summit in New Delhi during a meeting with Malaysian Prime Minister Anwar Ibrahim, Pezeshkian said West Asia does not need the United States to act as a “regional policeman”. He argued that the security and territorial integrity of the region should be guaranteed by countries in the region itself.
Also Read: JD Vance Signals Shift In US War Strategy, With Oil Prices Taking Priority Over Iran Nukes
Pezeshkian also called for peace, saying Iran’s priority was to end the conflict despite what he described as injustices suffered by the Iranian people. His remarks came as fighting between Iran and the United States continued, with the conflict having wider consequences for regional security and global energy markets.
The conflict began on February 28 after US-Israeli strikes killed Iran’s former supreme leader, Ayatollah Ali Khamenei, according to the supplied report. Tehran subsequently launched attacks across the region and imposed a blockade on the Strait of Hormuz, a strategically important waterway that previously carried about one-fifth of the world's oil. The confrontation has since continued around the strategic route.
The blockade has lasted for more than six months and contributed to higher oil prices, which crossed $100 a barrel this week. A deal reached in June subsequently collapsed, while there has been no clear progress in negotiations. Although fighting has reportedly fallen to a lower level, the United States has yet to outline a clear path toward ending the conflict, leaving uncertainty over the war's duration and its impact on global energy markets.
Also Read: Iran President Criticises US Economic Pressure, Predicts No Results
