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Reading: Trump says Iran war will end soon, oil to fall after
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MacroHerald > Latest News > Geopolitics > Trump says Iran war will end soon, oil to fall after
Geopolitics

Trump says Iran war will end soon, oil to fall after

Enver Adıgüzel
Last updated: 31 October 2026 12:33
Enver Adıgüzel - Editor and Publisher
8 minutes ago
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US President Donald Trump said in a radio interview that the war with Iran will end soon. He also said the United States wants Tehran to guarantee it will not acquire nuclear weapons.

Contents
  • Conditions and a deal
  • Fuel prices in focus

Trump told Kansas City Radio that oil prices would fall rapidly once the war ends.

Conditions and a deal

Trump said Iran very much wants to reach a deal. He did not say when or how such an agreement could be reached.

The remarks came ahead of the US congressional midterm elections on November 3. High fuel prices in the United States are being discussed in the context of the war.

Fuel prices in focus

Related: Trump floats new Iran strike as oil jumps to $117 Brent · Trump says Iran is pushing oil prices before midterms

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TAGGED:donald trumpirannuclear weaponsoil pricesus midterms

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ByEnver Adıgüzel
Editor and Publisher
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Enver Adıgüzel is the editor and publisher of MacroHerald. He holds a degree in Economics from the Faculty of Economics and Administrative Sciences at Kırıkkale University and an MBA. He writes on central bank policy, currencies, government bond markets and the economic data that move them.
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