On September 9–10, President Trump said gasoline and oil prices elevated by the Iran war will not drop until after the November midterm elections, linking energy markets to the political calendar.
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President Donald Trump says oil prices that spiked because of the Iran war likely won’t come down until after the U.S. midterm elections.
President Donald Trump said energy prices that have been elevated due to the Iran war will not come down until after the midterm elections.
President Donald Trump predicted that the war in Iran would only end after the November midterm elections, and that significant gasoline price relief wouldn’t come before then, a scenario that could heighten political risk for Republicans.
Trump says oil prices that spiked because of Iran war likely won't come down until after midterms AP News
President Donald Trump says the war in Iran will end after the November midterm elections, and that significant gasoline price relief won't come before then. (Source: Bloomberg)
President Donald Trump, in an exchange with reporters before traveling to Dallas for the midterm Republican convention, added that he believes Iran will finally relent after the pivotal elections are held in the U.S.
The president also said oil prices won't come down until after the November races, claiming without evidence that Iran wants to impact the election.
Trump pledges $5,000 payouts if GOP wins, Trump says oil prices likely won't come down until after midterms AP News
Gas prices remain high amid the Iran war, and President Trump now says that they will remain high until the midterm general elections are over. CBS News' Olivia Rinaldi reports.
Oil prices are up as the war in Iran intensifies. President Trump promised lower gas prices for Americans after the midterm elections. CBS News' Olivia Rinaldi reports.