President Donald Trump commented on the recent surge in oil prices, stating that they likely won't decrease until after the U.S. midterm elections. Oil prices jumped over 3% on Wednesday, with international Brent crude exceeding $100 for the first time since July.

This increase is attributed to the escalating situation between the U.S. and Iran. Trump expressed his belief that oil prices will drop after the election.

He also suggested that Iran's actions are motivated by a desire to influence the U.S. election outcome. Further details on the situation and Trump's comments are available from the source.