USD/CAD in focus as Trump flags possible post-midterm escalation against Iran

The source reports no currency price moves, pip figures or technical levels. In an interview with TIME, President Trump said the U.S. could resume or intensify attacks against Iran after the midterm elections. Trump initially expected the conflict to last four to six weeks, but seven months on there is still no clear end in sight. The war has disrupted oil flows through the Strait of Hormuz, pushed energy prices higher and created significant economic and geopolitical consequences. Trump continues to defend the decision to launch the war, saying military action was necessary to prevent Iran from obtaining a nuclear weapon. For traders, the comments extend the timeline of geopolitical risk past the midterms and keep energy supply disruption in play. Oil-sensitive pairs such as USD/CAD and broader USD positioning may remain exposed to headline risk tied to the Strait of Hormuz and any change in U.S. military posture.