Midterms pressure Trump to end Iran war
US President Donald Trump has declared the US-Israel war with Iran "effectively over" militarily, though key issues remain unresolved. Secretary of State Marco Rubio echoed this, citing economic pressure and negotiations as effective, but Iran denies talks are occurring. Former US ambassador Ian Kelly describes the situation as a "virtual ceasefire" with significant deescalation, but central issues like control of the Strait of Hormuz and Iran's enriched uranium remain unresolved. Kelly notes Iran is in a wait-and-see mode following Democratic midterm gains. Kelly says Trump's Republicans need the war resolved for political reasons ahead of 2028, as Congress may limit funding. The conflict's economic impact on oil prices is expected to be a key topic at upcoming APEC and G20 summits.