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U.S. President Donald Trump affirmed that a war with Iran would end quickly, expecting it to cause a significant drop in oil prices. He considered the costs borne by Washington to be "very minimal" compared to preventing Tehran from acquiring nuclear weapons. Trump accused Iran of trying to prolong the confrontation after the U.S. midterm elections in November, aiming to drain the Trump administration politically and economically. Tensions have escalated in the Strait of Hormuz, where two oil tankers were set ablaze following collisions with mines. Meanwhile, Iran refuses to make concessions and insists on its conditions to return to negotiations, as the energy market and American politics remain under the strain of rising tensions.
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