Trump says the US won't strike Iran before the Nov 3 midterms, and oil fell early Friday as Gulf supply fears eased. That's a headline relief bid in crude, not de-escalation — Iranian media reports ex

What happened: US President Donald Trump said the US will not attack Iran before the November 3 midterm elections, writing on Truth Social that Washington is having productive discussions with Iran. Key numbers: Midterm elections on November 3. Iran's plan to reopen the Strait of Hormuz covers seven days. Why it matters: Oil prices fell early Friday as Middle East supply concerns eased. Some analysts believe Trump's comments were an attempt to bring prices back down. Iran's foreign minister said Tehran is reviewing the US response and will reply within days. Coverage: 15 outlets in 24h

Trump ruling out Iran strike before midterms reduces near-term geopolitical risk.

Trump ruling out Iran strike before midterms reduces near-term geopolitical risk. — impact context not separately stored; see What changed.