Trump says Iran is trying to drive up oil prices before the midterm elections

Arab News · 22‏/10‏/2026، 3:56:24 م

WASHINGTON: US President Donald Trump said on Thursday that Iran was doing all it could to drive up the price of oil before the US midterm elections. “They are even making up fake hits, mines, and everything else,” he said in a Truth Social post. The president’s comments come after Iran’s state television reported that seven oil tankers caught fire and were damaged overnight Thursday after being targeted or striking naval mines in the Strait of Hormuz. Quoting a statement by the Revoluti