Surging oil prices from Iran war will be ‘tumbling downward’ after midterms, Trump says

President Donald Trump stated that oil prices, which surged due to the Iran war, will likely remain high until after the U.S. midterm elections. International Brent crude recently exceeded the $100 threshold as tensions between the U.S. and Iran escalated. Trump acknowledged the pressure on his Republican administration regarding high gas prices but predicted that costs will be tumbling downward shortly after the election, though he noted it might take slightly longer than the midterms.