Iran war won't end until after US midterm elections, says Trump
Key Points:
- US President Donald Trump predicts the Iran war will not end until after the November midterm elections, stating that oil prices will remain high until then.
- Trump claims Iran is trying to influence the election to install a weaker US government, implicitly referring to Democrats, to allow Iran to pursue nuclear weapons unchecked.
- Recent intensified fighting in the Middle East has driven oil prices above $100 per barrel for the first time since July, impacting global fuel costs and inflation.
- The US military recently attacked five oil tankers linked to Iran, prompting retaliatory strikes on US Navy destroyers and oil tankers by Tehran, escalating tensions in the Strait of Hormuz.
- The conflict's continuation and rising fuel costs are contributing to concerns about higher interest rates in the US, while Trump's approval ratings have declined amid the ongoing war.