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U.S. President Donald Trump stated that energy prices, which have risen due to the war with Iran, will not fall before the midterm elections in November. He predicted that oil prices would decrease significantly after those elections, with Brent crude futures dropping below $101 a barrel and West Texas Intermediate exceeding $96. He assured that the war with Iran, now in its seventh month, would end immediately after the elections, pointing out that Iran is seeking to capitalize on the election results. The statements estimate that a relief in gasoline prices, which hit record levels, will not occur for at least eight weeks after the elections.
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