Trump's Republican midterm convention included $5,000 pitch and Iran war expectations

President Donald Trump expects the war with Iran to conclude following the November U.S. midterm elections, warning of another attack on a site connected to Iran's nuclear program after the two countries escalated their conflict. Tensions are high amid Saudi civil defense issuing emergency alerts in Khamis Mushait for the fourth time in 24 hours due to clashes with Iran-backed Houthis.

The Houthis are edging closer to gaining control over the Bab el-Mandeb Strait, a critical shipping route. Oil prices remained near $100 a barrel, with supply routes through both the Strait of Hormuz and the Red Sea heavily disrupted. Iran claimed to have attacked 10 ships near the waterway after the U.S. sank five Iranian oil tankers.

Trump believes the war will end immediately after the election as Iran is desperate to influence the U.S. midterm elections. The conflict could extend beyond his presidency, which ends in January 2029, according to top White House advisers. Trump also threatened to strike Iran's Pickaxe Mountain, a heavily fortified site near Natanz uranium enrichment facility.

Fighting between Saudi Arabia and the Houthis in Yemen has intensified, posing a threat to global energy supplies. Houthi militants have taken control of the Yemeni Red Sea city of Mocha and are attacking strategic Red Sea islands.