Trump: The war with Iran will end very soon and energy prices will drop sharply

Trump criticized the administration of former US President Barack Obama, saying it gave billions of dollars to Iran, and should have prevented it from developing a nuclear weapon.

Trump had stated that the United States would make a decision regarding it "very soon," describing it as a "failed state," and considering that it has no economy and does not pay its soldiers' salaries.

The statements of US President Donald Trump come at a time when the war between the United States and Iran is entering its eighth month, amid disputes over the nuclear program and the conditions for ending the confrontation. Washington is demanding that Tehran reduce its uranium enrichment capabilities, while the two parties have not reached an agreement to end the war.

Negotiations have stalled despite the exchange of proposals over the past weeks, coinciding with efforts to reopen the Strait of Hormuz, which constitutes a vital corridor for global energy supplies, after the collapse of an initial agreement to stop the fighting in June.

The war and disruptions to oil supplies have led to rising prices and increased pressure on energy markets. The price of Brent crude reached about $106.58 per barrel on Wednesday, amid fears of supply disruptions. Trump links the end of the war to a drop in energy prices, at a time when the US midterm congressional elections scheduled for November 3 are approaching.

The nuclear file remains one of the most prominent obstacles to a settlement, in light of the dispute over Iran's uranium enrichment capabilities, and continued questions regarding its stockpile of highly enriched uranium and its storage sites, with restrictions on access for International Atomic Energy Agency inspectors. Washington says its goal is to prevent Iran from possessing a nuclear weapon.