Trump says Iran war will end after the midterms

President Donald Trump said Wednesday that the Iran war will end after the midterm elections in November, while investor Peter Schiff called it his “latest lie,” warning it will push oil prices and interest rates even higher. ” He added that Iran is “desperate to try and affect the election,” so voters elect “a nice, weak group of people” who would leave the regime alone and let it keep its nuclear ambitions. ” “We now know that, at a minimum, there’s basically no chance that the war ends prior to the election either,” the investor added.

Read Also: Hunter Biden Should 'Go Back to Painting,' Says Eric Trump as LAPTOP Coin Sinks 98% Soon After Launch ‘Trump’s Latest Lie’ Oil prices would start falling once the war ends, with gasoline dropping below $2 a gallon, Trump said, though it would “take a little bit longer than the midterms” for that to happen. Schiff said the delay in a resolution with Iran would push oil prices and interest rates even higher. Based on Trump's latest lie that the Iran war will end immediately after the midterm elections, we now know that, at a minimum, there's bascially no chance that the war ends prior to the election either.

That should put even more upward pressure on oil prices and interest rates. 22 a gallon Wednesday, according to AAA. The Federal Reserve Chair Kevin Warsh is scheduled to announce the interest rate decision on Sept. 8% for a hold, according to the CME FedWatch tool.

Crude Crosses $100 Brent crude crossed $100 a barrel this week for the first time since July, as renewed Middle East fighting raised fears of further supply disruptions. 23%. 64% after hours. 22.

42% in extended trading. edge rankings indicate United States Oil Fund has a Momentum score in the 93rd percentile and positive price trends in the short, medium, and long term. See More: Top Momentum Stocks Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published editors. com