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Commodities

Trump Predicts Quick End to Iran Conflict, Lower Oil Prices

Guavy AI Editorial Team
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Oil
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US President Trump stated that war with Iran would end immediately after the election and expressed optimism about oil prices declining once hostilities cease.

He also mentioned several potential targets, including 'Pickaxe Mountain', but emphasized that a nuclear deal is not currently on the table.

The comments come as tensions between the US and Iran continue to escalate, with explosions reported in various locations in Iran, including Qeshm and Sirik.

An oil tanker was reportedly targeted in the Strait of Hormuz, although a US official denied any involvement by American forces.

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