U.S. President Donald Trump said the Iran war would end immediately after the midterm elections and added that negotiations may still take place even if the U.S. is not currently seeking an agreement, according to his latest remarks cited in the original report.

Trump’s comments combined two messages: a claim that the conflict would end after the midterm elections and a suggestion that talks remain possible. The report also said the U.S. is not seeking an agreement at this stage, leaving the status of any potential negotiation unclear.

The remarks follow earlier statements from Trump that U.S. military action against Iran would not last long. Since then, tensions between the U.S. and Iran have risen further, with conflict around the Strait of Hormuz drawing particular attention because of its importance to global energy flows.

The most concrete market detail in the report was in oil. International crude prices briefly moved above $100 per barrel as the regional situation deteriorated. That matters because energy shocks can quickly feed into broader macro expectations, especially when geopolitical risks are tied to a major shipping corridor.

Beyond Trump’s comments, key details remain undisclosed in the report, including what conditions could lead to negotiations, whether any backchannel contacts exist, and what event or policy change would mark the end of the conflict. With limited confirmed information, the statement remains more a political signal than a documented shift in U.S. policy.

Why It Matters

This story matters because geopolitical tension in the Gulf can move beyond foreign policy and into global market pricing through energy, inflation expectations, and cross-asset risk sentiment. For crypto markets, the relevance is primarily macro: developments that push oil sharply higher or deepen uncertainty around major shipping routes can affect broader appetite for risk and the policy backdrop investors are watching.