Skip to main content
See every side of every news story
Published • loading... • Updated

Ahead of Midterms, Trump Touts Drop in Oil Prices, Says People ‘Feel Like There Will Not Be a War With Iran’

Trump said oil prices fell nearly $10 a barrel as he voiced optimism that talks with Tehran could soon produce a settlement.

  • On Monday, President Donald Trump claimed oil prices dropped by nearly USD 10 per barrel amid expectations of a diplomatic settlement with Iran, attributing the decline to hopes that military confrontation would not resume.
  • Washington and Tehran continue diplomatic exchanges while maintaining military readiness; although Trump previously threatened to bomb Iran after the November 3 vote, he recently cooled his rhetoric to calm markets.
  • Vice President Vance told Fox News that he and the President "both feel pretty good about the prospects" of a deal, while Trump separately noted he is in "no rush" to decide on military strikes.
  • Iranian Foreign Minister Abbas Araghchi said Tehran is prepared for diplomacy or military confrontation "more than ever before," noting that Qatar and Pakistan are facilitating negotiations through shuttle diplomacy.
  • Israeli Prime Minister Benjamin Netanyahu reportedly urged Trump to consider renewed military strikes against Iran after the November 3 vote, which will determine control of Congress with all 435 House seats and 35 Senate seats up for election.
Insights by Ground AI

13 Articles

Lean Left

Donald Trump highlighted the drop in oil prices of nearly $10 a barrel, in the context of negotiations with Iran to end tensions in the Middle East. Oil prices ARE CAYENDO AS A FIRE, almost $10 a barrel, A RECORD, because people feel there will be no war with Iran. Donald Trump, President of the United StatesThe President of the United States also mentioned that Iran is looking for an agreement with his government, an understanding that, he said…

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 50% of the sources lean Right
50% Right

Factuality Info Icon

To view factuality data please Upgrade to Premium

Ownership

Info Icon

To view ownership data please Upgrade to Vantage

IBTimes broke the news in New York, United States on Monday, November 2, 2026.
Too Big Arrow Icon
Sources are mostly out of (0)

Similar News Topics

News
Feed Dots Icon
For You
Search Icon
Search
Blindspot LogoBlindspotLocal