Event details
President Trump said he expects the Iran conflict to conclude around the timing of the US midterm elections and predicted oil prices would 'drop like a rock' once the war ends, as prospects for renewed US-Iran diplomacy remained uncertain following the latest Hormuz vessel strikes.
Context
A presidential timeline tied to the midterms signals the administration's political framing of the conflict's endgame and sets a benchmark markets may use to price expectations for an oil-supply resolution.
- Local time
- 11:00 AM New York time, Sep 13, 2026
- Location
- Washington, D.C., United States
- Relationship
- Update