Trump: Energy costs won't fall before midterms

U.S. President Donald Trump expected oil prices to remain high even after the November midterm elections, due to the ongoing war with Iran. He confirmed that prices would rise again after the elections and that the conflict would end "immediately after" the voting. He explained that the rise in oil prices is partly due to the conflict with Iran and does not anticipate a decrease for more than eight weeks. He also pointed out that Iran aims to take advantage of the election results and may continue its efforts to develop nuclear weapons. Additionally, he mentioned that gasoline prices are expected to drop below two dollars per gallon after the elections, but this might be delayed due to ongoing military escalation between the United States and Iran.

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