US President Trump Comments on Iran War and Oil Prices
US President Donald Trump stated that the war with Iran will not end before the mid-term elections in November and that high oil prices will persist during this period.
US President Donald Trump stated that the ongoing conflicts with Iran will last until after the mid-term elections in November and that oil prices will remain high until this period.
Mid-term Elections and the Course of the War
US President Donald Trump stated that he thinks the ongoing conflicts with Iran will end right after the mid-term elections to be held in November.
Trump drew attention to the balances in domestic politics, stating that the Tehran administration cannot hold out much longer and that the war will end after the elections.
Rise in Oil Prices
With the intensification of conflicts in the Middle East, oil prices rose to $100 a barrel for the first time since July.
This increase negatively affected global fuel costs and the prices of all products requiring shipping.
Political Pressures and Evaluations
Facing declining public opinion poll ratings, Trump is also struggling with pressures from within the Republican Party to end the war.
Trump claimed that Iran is trying to influence the elections and desires a weak administration to come to power.
Regional Conflicts and Military Moves
While the intensity of conflicts in the Middle East has increased in recent days, oil facilities in the region continue to be the target of attacks.
While the US military targeted five Iran-linked oil tankers, the Tehran administration retaliated against US ships in the Strait of Hormuz.