Trump: Iran War to End Post-Election as Global Oil Prices Soar
President Donald Trump stated Wednesday that the conflict with Iran would conclude immediately after the November midterm elections, predicting tumbling oil prices and accusing Iran of trying to influence the vote. His comments come as global oil prices reach $100 a barrel and the war enters its seventh month.
The short version
- US President Donald Trump stated on Wednesday, September 9, 2026, that the war with Iran would "end immediately after the election" on November 3, 2026.
- Trump predicted oil prices would "be tumbling downward" and gasoline prices would fall below $2 a gallon following the November midterm elections.
- Global oil prices reached $100 a barrel on Wednesday, the highest level since July, with US crude topping $96/bbl and Brent crude futures at $101.21/bbl.
- Trump accused Iran of being "desperate to try and affect the election" by prolonging the conflict, aiming for a "weak group of people" (Democrats) to allow them nuclear weapons.
- The President made the comments while departing for and speaking at the Republican Party's first-ever midterm election convention in Dallas, Texas, amid the seventh month of the conflict.
President Donald Trump asserted on Wednesday, September 9, 2026, that the ongoing conflict with Iran would conclude "immediately after the election" on November 3, 2026. Speaking to reporters and at a Republican convention in Dallas, Texas, Trump also predicted a sharp drop in oil and gasoline prices following the midterms, even as global oil prices hit $100 a barrel, the highest since July. According to multiple reports including MyJoyOnline and TIME, the President accused Iran of deliberately prolonging the seven-month-old war to influence the upcoming elections.
When and Where Were These Statements Made?
Trump's remarks were made on Wednesday, September 9, 2026, as he departed for and attended the Republican Party's first-ever midterm election convention in Dallas, Texas. The statements were widely reported by outlets such as the Daily Mirror, Balkanweb.com, and The Times of Israel.
What Is the Current Economic and Conflict Backdrop?
The President's comments arrive amidst a significant escalation of conflict in the Middle East and a volatile energy market. Global oil prices reached $100 a barrel on Wednesday, a level not seen since July. US crude topped $96/bbl, and Brent crude futures reached $101.21/bbl. The average price of gasoline in the U.S. is currently around $4.22 per gallon, more than a dollar higher than this time last year, with diesel prices nearing $6 per gallon, according to Seeking Alpha and The Jerusalem Post.
Recent military actions preceding Trump's statements include the US military striking five Iranian-linked oil tankers. In response, Iranian state media reported attacks on two US destroyers and eight tankers in the Strait of Hormuz. Iran-aligned Houthis in Yemen have also launched attacks in Saudi Arabia, causing fires at several oil facilities. The conflict is currently in its seventh month. Iran's economy reportedly faces 300% inflation, rendering its currency "valueless."
What Is Trump's Rationale for the War's End?
Trump stated that Iran "can't hold out any longer" and is "desperate to try and affect the election, so that we can get a nice weak group of people in there" (referring to Democrats) "and leave them alone and let them have their nuclear weapon," as reported by MyJoyOnline, Santa Clarita Valley Signal, and TIME. He added, "All they want is a nuclear weapon. And if they had a nuclear weapon, the whole world is in deep trouble." Trump also reiterated his prediction that gasoline prices would fall below $2 a gallon after the midterms, according to YouTube and Seeking Alpha.
What Is the US Stance on Negotiations and Control?
Trump mentioned that further negotiations with Iran "could possibly happen, but it's not something we're looking at," according to MyJoyOnline and TIME. He also asserted, "We control the strait and lots of other things," as cited by The Jerusalem Post. Regarding Iran's nuclear ambitions, Trump stated, "I think it's very easy to explain to America, all you have to do is say: 'Will you let Iran have a nuclear weapon?' And the answer is no," according to TIME and The Jerusalem Post.
How Is Public Opinion Responding to the Conflict and Economy?
Public sentiment in the U.S. reflects concerns over both the conflict and domestic economic conditions. A late August Reuters/Ipsos poll indicated that only 31% of Americans supported US strikes on Iran, while 63% opposed them. The poll also found that 83% of respondents expected US military involvement in Iran to continue for an extended period. Domestically, recent Reuters-Ipsos national surveys show almost two-thirds of Americans believe the country is on the wrong track and disapprove of Trump's job performance. An August poll highlighted the cost of living as the top priority for almost half of Americans, with 35% believing Democrats had a better plan to address it, compared to 26% for Republicans. Amidst these concerns, TIME reported that Trump reportedly suggested a "Trump dividend" or $5000 payouts if the Republican Party wins the midterms, though the White House did not immediately elaborate on the details of this proposal.
Frequently asked questions
When did President Trump make these statements about the Iran war?
President Donald Trump made these statements on Wednesday, September 9, 2026, both to reporters and at the Republican Party's midterm election convention in Dallas, Texas.
What impact did President Trump predict for oil prices after the election?
President Trump predicted that "oil prices are going to be tumbling downward" immediately after the November 3, 2026, midterm elections, specifically forecasting gasoline prices to fall below $2 a gallon.
What is the current state of global oil and U.S. gasoline prices?
As of Wednesday, September 9, 2026, global oil prices reached $100 a barrel, with US crude topping $96/bbl and Brent crude futures at $101.21/bbl. The average U.S. gasoline price is around $4.22 per gallon, and diesel prices are nearing $6 per gallon.
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