Trump defends Iran war as Brent crude reaches $100 and midterm pressure grows

  • President Trump defended the February military campaign against Iran and said he would make the same decision again.
  • Iranian oil exports fell from 1.85 million barrels a day last spring to about 255,000 in August as Brent crude topped $100.
  • The unresolved war has disrupted Strait of Hormuz and Bab el-Mandeb shipping, raised fuel costs and increased midterm pressure on Republicans.

President Trump defended launching military operations against Iran, saying he would make the same decision again and rejecting regret, while forecasting that hostilities would end immediately after the November midterm elections. The war, begun in February through coordinated U.S. and Israeli strikes and initially expected to last several weeks, remains unresolved after a June agreement collapsed; low-level fighting continues without a clear U.S. exit strategy. A U.S. blockade has weakened Iran’s control of the Strait of Hormuz and reduced its oil exports from 1.85 million barrels a day last spring to about 255,000 in August, while alternative routes lifted non-Iranian flows to 10.8 million barrels a day. Brent crude rose above $100 a barrel, its first level since July, and U.S. diesel prices reached records, adding to inflation and Republican election concerns. Iran and its regional allies continue attacking shipping and energy infrastructure, while U.S. military operations have cost taxpayers more than $37.5 billion and resulted in 18 service members’ deaths.

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