US-Israel-Iran War Latest News: US President Donald Trump has said the ongoing conflict could end “immediately” after the US midterm elections in November, while suggesting that oil prices could decline once the fighting stops.
Trump made the remarks while speaking briefly to reporters as tensions between the United States and Iran continue to affect global energy markets. Brent crude recently climbed above $100 per barrel as attacks on tankers and growing risks around the Strait of Hormuz raised fears of further supply disruptions.
Trump Says War Could End After Midterm Elections
Trump indicated that the conflict could come to an end after the US midterm elections scheduled for November. He said the war would end “immediately” after the elections, although he did not provide details about what would trigger such an outcome.
His comments come as the conflict remains a major concern for US voters because of its impact on fuel prices, inflation and the wider economy.
The escalation has already pushed oil prices sharply higher. Brent crude rose above $100 a barrel on Wednesday, while US West Texas Intermediate also moved significantly higher.
Trump Says Oil Prices Will Come Down
Trump also suggested that oil prices would fall once the conflict ends.
However, oil markets remain highly sensitive to developments around the Strait of Hormuz. The waterway is a critical route for global energy shipments, and recent attacks on tankers have increased concerns about supply disruptions.
Reuters reported that Brent crude climbed more than 3% to around $100.95 a barrel, while WTI reached about $95.78.
If military activity decreases and shipping through the region returns to normal, some of the geopolitical risk premium in oil prices could ease.
US Not Looking For Iran Deal, Trump Says
Trump also said that the United States is not looking for a deal with Iran, while leaving open the possibility that negotiations could happen.
The statement comes as diplomatic prospects remain uncertain. Earlier this month, Vice President JD Vance said the administration was not engaged in negotiations with Iran and linked any potential resolution to Tehran stopping attacks on commercial shipping.
The latest escalation has further complicated prospects for a near-term diplomatic breakthrough.
Strait of Hormuz Remains Major Flashpoint
The Strait of Hormuz has become one of the biggest flashpoints in the conflict.
Iran has claimed attacks on 10 ships near the waterway following US strikes on Iranian oil tankers. The US-Iran confrontation has consequently raised fresh concerns about the movement of crude and other energy supplies through the region.
Any prolonged disruption could keep oil prices elevated and add pressure to fuel costs worldwide.
Trump Mentions Israel and West Bank Sanctions
Trump also said he would speak with Israeli officials regarding recent sanctions connected to illegal Israeli settlements in the occupied West Bank.
The issue comes as the administration deals with multiple interconnected Middle East developments, including the Iran conflict and tensions involving Israel and the Palestinians.
What Happens Next?
For now, the timing of any end to the conflict remains uncertain. Trump’s comments offer a potential timeline linked to the US midterm elections, but there has been no confirmed agreement between Washington and Tehran to end hostilities.
Meanwhile, oil markets remain under pressure. With Brent crude above $100 and shipping disruptions continuing, investors are closely watching US-Iran military developments, the Strait of Hormuz, and any signs of renewed negotiations.
