President Donald Trump has stated that he thought oil prices would be "much worse" than they are currently due to the Iran war, stating that he was prepared to act to prevent a nuclear weapon from being used against anyone in the Middle East. However, he expects oil prices to drop significantly over the next few months and doesn't expect high oil prices during the midterm elections. The Brent crude oil price was at $95.78 per barrel as of mid-day. This statement follows a previous similar sentiment expressed by the president last month. The issue of affordability has been a key issue for the president's administration, with Democrats pushing for increased gas and energy prices.