Oil prices ease after Trump rules out Iran attack before midterms

Oil prices eased slightly after US President Donald Trump ruled out attacking Iran before the midterm elections. According to Middle East Eye, Trump said Washington was holding "productive discussions" with Tehran. This followed a surge in oil prices driven by reports suggesting potential new US strikes prior to the elections, Al-Monitor reported.

The reports of a potential US attack on Iran had raised fears of further supply disruptions. US diesel prices are at record highs, Middle East Eye noted. Republicans are fighting to keep control of both houses of Congress in the midterms.

Trump's statement was posted on his Truth Social platform, according to Al-Monitor. CBS News also reported that Trump posted on social media saying the US would not attack Iran before November's midterm elections.

Brief written by urgent.news from Middle East Eye, Al-Monitor, CBS News, The Hill — 4 reports on this story. Machine-written — may contain errors; check the original before relying on it.