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President Donald Trump said the Iran war would end immediately after the November midterm elections, while a Wall Street Journal report said senior White House officials have discussed the conflict lasting until January 2029. The article also noted Sen. Elizabeth Warren’s criticism and cited WTI and Brent prices.
The EIA now expects Brent crude to average about $91 a barrel in 2026 and WTI $84.65, both higher than its prior forecast. The agency said global oil stocks have fallen by an estimated 400 million barrels this year and cited reduced Middle East production and exports.
Trump said Wednesday the Iran war will end “immediately after” the November midterm elections. Peter Schiff called the comment his “latest lie” and said any delay would add upward pressure on oil prices and interest rates.
President Trump said the Iran war is likely to continue until “right after” the Nov. 3 midterm elections. He added that significant relief from elevated gasoline prices would not come before then, implying no near-term de-escalation.
FINANCIAL TIMES - - Apple is seeking approval from the Trump administration to source memory chips from a Chinese company that has been placed on the U.S. trade blacklist, underscoring the growing tension between Washington's technology restrictions and the commercial realities facing American manufacturers. The iPhone
FINANCIAL TIMES - - Apple is seeking approval from the Trump administration to source memory chips from a Chinese company that has been placed on the U.S. trade blacklist, underscoring the growing tension between Washington's technology restrictions and the commercial realities facing American manufacturers. The iPhone
FINANCIAL TIMES - - Apple is seeking approval from the Trump administration to source memory chips from a Chinese company that has been placed on the U.S. trade blacklist, underscoring the growing tension between Washington's technology restrictions and the commercial realities facing American manufacturers. The iPhone
FINANCIAL TIMES - - Apple is seeking approval from the Trump administration to source memory chips from a Chinese company that has been placed on the U.S. trade blacklist, underscoring the growing tension between Washington's technology restrictions and the commercial realities facing American manufacturers. The iPhone
Apple seeks US approval to source memory chips from Chinese blacklisted company
US, China, Russia, Iran, and Europe face economic challenges due to AI investment, drone strikes, trade restrictions, and energy supply constraints.