Trump predicts Iran conflict will end soon after midterms, oil to fall

President Trump said the Iran war could end shortly after the upcoming midterms and that oil prices would drop once that happens, with Brent around $104-105 and WTI near $100 after prior spikes. The report also notes possible diplomacy over a new Iran-Oman shipping route through the Strait of Hormuz, Iran’s defiant stance against U.S. and Israel, and ongoing regional tensions including a Saudi pipeline attack and Houthi advances near Bab el-Mandeb that could disrupt Red Sea trade.