Trump Says Iran War Will End ‘One Way or the Other’ Ahead of Midterms Tuesday: Dow Futures Rise 184 Points, Brent Crude Falls to $111

Key takeaways

• Trump’s claim of a coming resolution with Iran lifts equity futures and eases oil price pressure, but Iranian tanker incidents keep some uncertainty in the market.
• Dow futures up 184 points to 52,102.00
• S&P 500 futures up 31.50 points to 7,645.50
• Nasdaq 100 futures up 228 points to 28,762.50

What happened

President Donald Trump said on Sunday that the United States has already won in Iran and will finish the conflict soon, either through a deal with Tehran or by ending it on its own, ahead of Tuesday’s midterm elections. The comment came during a campaign rally in Iowa and was followed by reports that two Iranian oil tankers struck a mine in the Strait of Hormuz, leaving one supertanker ablaze. Dow futures rose 184 points to 52,102.00, S&P 500 futures gained 31.50 points to 7,645.50, and Nasdaq…

Why it matters

Trump’s statement signals a shift in U.S. policy toward Iran, potentially easing geopolitical tension that has kept oil prices elevated and added uncertainty to markets. The announcement may boost investor confidence ahead of the midterms, supporting equity futures and reducing risk premiums on commodities. The…

Short-term and longer-term

Short-term. For the next few days, watch the Dow and S&P 500 futures for any reversal after the initial rally.

Longer-term. Over the coming months, the potential resolution of U.S.–Iran tensions could lower commodity‑linked inflation and support growth stocks, especially in the energy sector.