U.S. President Donald Trump said the Iran war could end “very soon,” possibly shortly after the November midterm elections, as fighting intensified in Yemen and security threats persisted around the Strait of Hormuz.
Speaking at a campaign rally in Mobile, Alabama, Trump repeated his position that Iran must not obtain a nuclear weapon and predicted oil prices would fall sharply once the conflict ends. However, he provided no details on how Washington and Tehran could reach an agreement.
Diplomatic efforts remain uncertain. Iran has sought concessions tied to reopening the Strait of Hormuz, including sanctions relief, while Washington has pushed for broader restrictions related to Tehran’s nuclear activities. Recent mediation efforts have struggled to bridge those differences.
Security risks around the vital shipping route also remain high. A tanker transiting the Strait of Hormuz was struck by an unidentified projectile, causing a small fire and power outage. The blaze was extinguished, no casualties were reported, and the vessel continued its journey, according to the U.K. Maritime Trade Operations center.
The conflict’s impact on global energy markets has prompted coordinated efforts to ease supply concerns. Trump said European leaders had agreed to release significant diesel reserves, while governments have sought to stabilize fuel prices disrupted by the prolonged fighting.
Meanwhile, hostilities involving Yemen’s Houthis have added another layer of regional instability. Saudi Arabia and its allies have reported missile and drone attacks, while military operations against Houthi positions have continued.
Trump has repeatedly linked the end of the Iran conflict with lower energy prices, arguing that crude oil and gasoline costs could decline once hostilities stop. His latest remarks come as the seven-month war continues to pressure global shipping, energy markets and diplomatic relations across the Middle East.


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