Trump says oil prices that spiked because of Iran war likely won't come down until after midterms

US President Trump believes oil prices will decrease after the upcoming US midterm elections. He suggests Iran's actions aim to influence these crucial American elections. The ongoing conflict has significantly impacted oil movement through the Strait of Hormuz. US gasoline and diesel prices have risen sharply, affecting consumers and businesses. This situation puts pressure on the administration to address escalating energy costs.