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9/10/2026
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ECB raises rates: Middle East conflict fuels inflation - The European Central Bank (ECB) voted on Thursday to raise its key deposit rate by 25 basis points to 2.50%, as expected

War with Iran could drag on until the end of Trump’s term

09/10/2026
Economy
War with Iran could drag on until the end of Trump’s term
War with Iran could drag on until the end of Trump’s term

Close advisors to U.S. President Donald Trump have warned that the war with Iran could drag on until the end of his presidential term, the *Wall Street Journal* reported on Wednesday.

According to the *WSJ*, key advisors—including Vice President J.D. Vance and Secretary of State Marco Rubio—have discussed the possibility that the conflict with Iran could continue beyond Inauguration Day in January 2029.

These private discussions stand in stark contrast to the numerous public statements made by Trump and his advisors suggesting that the war is nearing its end. On Wednesday, Trump told reporters that the war would end "immediately" after the midterm elections in November.

Trump and the Republican Party are facing growing public dissatisfaction regarding the war with Iran and its impact on the cost of living; analysts note that this trend could affect the party's performance in the midterm elections.

In September, the war between the U.S. and Iran will pass the seven-month mark, far exceeding Trump’s initial plan for an operation lasting four to six weeks. Oil prices topped $100 per barrel this week amid renewed hostilities between the two nations.

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