Trump says Iran war will continue until after November election

The president said that oil prices are unlikely to fall until after the November elections, adding that Iran is seeking to influence the vote, although no evidence has been presented to support the claim. The comment came amid a period of heightened volatility in global energy markets, where crude prices have remained elevated due to supply concerns and geopolitical tensions.

Analysts noted that the president’s statement links the timing of price movements to the electoral calendar, but market participants continue to monitor a range of factors, including OPEC production decisions, sanctions on Iran and other regional developments. While the administration’s assertion about Iranian motives remains unverified, the outlook for oil prices will depend on both diplomatic negotiations and broader economic indicators as the election approaches.