Paul Gooden, head of natural resources at 91 Investment, said the U.S. midterms’ effect on an Iran war and oil prices is unclear. It is uncertain whether President Trump would treat a Democratic victory as a cue to end the conflict or seek to escalat

2026-11-04

Paul Gooden, head of natural resources at 91 Investment, said the U.S. midterms’ effect on an Iran war and oil prices is unclear. It is uncertain whether President Trump would treat a Democratic victory as a cue to end the conflict or seek to escalate. The one definite point, he said, is that from the new Congress Taking office in January, Trump may find funding for the Iran war constrained, shortening his window to achieve his objectives.