Trump Sets Iran War End Date and Oil Prices

Statements from U.S. President Donald Trump confirmed that the war against Iran will cease immediately after the upcoming midterm elections in November, as it is believed that Iran cannot withstand this situation any longer. Tensions are escalating in the region amid increased military activity, with Brent crude oil surpassing the hundred-dollar mark for the first time since July, and European gas prices reaching their highest level since the beginning of 2023. Trump also indicated that American forces carried out attacks on nine Iranian ships, destroying five Iranian oil tankers in retaliation for previous attacks, amid rising regional and military tensions.

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