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Oil Prices Plunge as Trump Rules Out Iran Strikes Before Midterms

President Trump just issued a new Truth Social Post Thursday just after noon time (eastern), wherein he declared "we will not be attacking Iran at any time prior to the Midterm Elections" in November. Oil dropped on the statement (though is still up on the day)... The full Trump post below, wherein Trump also claims that active discussions with the Iranians are still happening, and that oil is…

US President Donald Trump has announced that he will not order military strikes on Iran before the November 3 midterm elections. According to OilPrice, Trump made the statement on social media, also claiming that active discussions with the Iranians are still happening and that oil is "flowing in record numbers".

The announcement comes after reports that Trump was considering options to strike Iran, with The Atlantic magazine suggesting that he wanted to maintain a period of relative calm until after the elections to keep the issue out of the news.

DW English reports that gas and fuel prices remain high in the US, which has been a concern for voters and Trump's Republican Party ahead of the midterms.

Brief written by urgent.news from OilPrice, DW English (Top Stories), Global News — 3 reports on this story. Machine-written — may contain errors; check the original before relying on it.

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