Trump Predicts End of Iran War After November Midterms, Oil Prices to Drop

By JINYOUNG PARK Posted : September 12, 2026, 20:12 Updated : September 12, 2026, 20:12

Donald Trump, the President of the United States, has predicted that the war with Iran will conclude shortly after the upcoming November midterm elections. He also claimed that international oil prices would plummet following the end of hostilities, although he did not provide specific evidence or details regarding negotiations.

On September 12, during a press conference in Dublin, Ireland, Trump stated, "I think it will be very soon. Probably right after the midterms."

Trump accused Iran of prolonging the conflict to influence the U.S. elections, saying, "Iran is trying to hold out as long as possible to complicate the election." However, he did not offer any evidence to support the claim that Iran is considering the U.S. election schedule in its military strategy.

He forecasted a significant drop in oil prices once the war ends, stating, "If that happens, oil prices will fall sharply." Currently, international oil prices have surpassed $100 per barrel due to recent conflicts in the Middle East and concerns over oil supply disruptions.

Trump also pointed to Iran as being behind attacks on the East-West pipeline, a key route for Saudi oil exports. When asked if he believed Iran was responsible, he replied, "I think so. Probably it is."

Uncertainty remains regarding the situation in the Middle East. The conflict between the U.S. and Iran has been ongoing for six months, with disruptions in shipping through the Strait of Hormuz and attacks on Saudi energy facilities raising concerns about oil supply stability.

Regarding the situation in the Strait of Hormuz, Trump expressed optimism, saying, "Everything will be resolved well." He also commented on the Iran-aligned Houthi rebels in Yemen, stating, "They do not want to fight us."




* This article has been translated by AI.

Copyright ⓒ Aju Press All rights reserved.