Oil prices fall following Vance’s rejection of war on Iran after midterm elections

Oil prices extended their sharp decline Wednesday amid concerns that President Donald Trump The launch of new military strikes against Iran eased a day after Republicans suffered a crushing defeat in the midterm elections.

Asset He has been predicting for weeks that he might try to “finish the job” with a new round of strikes against Iran. But the scale of the GOP’s losses has even became vice-president J.D. Vance against the idea while voters clearly rejected the impact of the war on pump prices.

The benchmark price of US oil fell by $6 a barrel on Wednesday after Vance blamed the administration’s war for its election losses, bringing the decline to more than $16 since last Thursday. However, the sharp drop came too late to help Republicans, who lost control of the House and Senate on Tuesday in elections largely focused on cost-of-living issues.

“The reason we lost was the war.” Vance posted on Wednesday morning. He also praised Fox News host Rachel Campos-Duffy for advocating a “diplomatic resolution to the conflict.”