Trump Again Predicts Iran War Will End Soon, Oil Prices Will Fall
The president repeated his forecast as Brent crude futures traded lower on Thursday, while making claims about Iran’s military and nuclear future.
Key takeaways
- Trump said the war with Iran would end very soon and oil prices would plunge.
- Brent crude futures were down 1.39% from the previous close as of 12:16 UTC Thursday.
U.S. President Donald Trump again said the war with Iran would end very soon and oil prices would plunge. He also said Iran would never have a nuclear weapon.
At a Montana rally ahead of the Nov. 3 congressional midterm elections, Trump claimed Iran had no navy or air force and that much of its military had been destroyed. He said he regretted not leaving Iran’s leaders in place because he did not know whom the U.S. was negotiating with.
Brent crude futures traded at $104.59, down 1.39% from the previous close, as of 12:16 UTC Thursday.
This article was produced with the help of AI technology. Based on reporting by the outlets listed above.
