TREE NEWS update: US President Donald Trump said in a Truth Social post that Washington is holding productive talks with Iran and will not attack Iran before the US midterm elections on November 3. Trump said Iran’s economic and military situation is poor, that the blockade on Iran will remain fully in effect, and that 22 million barrels of oil shipped through the Strait of Hormuz overnight had nothing to do with Iran. He also stressed Iran will not obtain nuclear weapons.
Trump: No Attack on Iran Before Midterms, Blockade to Continue
Trump's linkage of a military strike to the midterm calendar effectively converts Iran policy into a near-term political variable, while the blockade remains the operative economic instrument. The claim that overnight Strait of Hormuz volumes were unrelated to Iran is notable because it pre-empts the market's default assumption that Hormuz flows and Iran risk move together. The open question is whether the talks produce anything concrete before November 3, or whether the pause merely defers escalation.
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