WATCH: Trump says oil prices will come down after midterm elections
Summary
President Donald Trump said on Wednesday that oil prices, which have risen because of the conflict involving Iran, will likely come down after the U.S. midterm elections. He believes the drop in prices might happen a bit later than the midterms.Key Facts
- Oil prices rose more than 3% on Wednesday.
- Brent crude oil went above $100 per barrel, the highest since July.
- The price increase is linked to rising tensions between the U.S. and Iran.
- President Trump spoke about oil prices during a public comment.
- He predicted prices will fall after the midterm elections but said it might take some extra time.
- The comments were part of broader political events connected to the 2026 Republican Midterm Convention.
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