Recent military posturing between Washington and Tehran had escalated fears of an extended armed conflict following explicit threats of strikes. Writing on Truth Social on Monday, Donald Trump maintained that an agreement remains possible and argued that Tehran is eager to finalize a deal rapidly. He linked broader market movements to these geopolitical expectations, specifically claiming that oil prices have plunged by nearly $10 per barrel as market participants price out the likelihood of an imminent war.
This is an entry from: Live: Iran warns new war could last longer after Trump threatens strikes
Trump says settlement with Iran possible
2 November 2026 21:37 GMT
US President Donald Trump said on Monday that a settlement with Iran "could happen."
In a post on Truth Social, Trump wrote, "Oil Prices are DROPPING LIKE A ROCK, down almost $10 a Barrel, A RECORD, because people feel that there will not be a War with Iran."
"Iran wants a settlement, as soon as possible. It could happen," he added.
Strategic vulnerabilities off Scotland's northern coast are prompting urgent political demands for the UK government to reinforce local defenses. Over 500 incidents have been recorded of Russian vessels lingering over vital undersea telecommunications cables that link Britain with international networks. Beyond critical communication channels, political leaders warn that the region's transport links, supply chains, and high-value aerospace assets remain exposed.
Public discontent has driven a record 56 million early ballots as President Donald Trump's approval ratings fall behind those of his three predecessors. Securing the upper chamber would grant the opposition decisive leverage to obstruct executive appointments, run aggressive oversight inquiries, and mandate strict terms on critical spending measures. However, narrow margins will restrict their influence primarily to procedural resistance rather than the outright enactment or reversal of major legislation.
Late on Monday, military operations were conducted across several locations within the occupied territory according to accounts provided by local sources.