Oil Dip Highlights Economic Strain as Leaders Point to Iran War for GOP Setbacks
Crude oil fell under $90 while Vice President Vance and President Trump blame the Iran conflict for Republican losses, a story covered by CBS.
Crude oil prices fell below $90 a barrel on Wednesday, as reported by CBS News' Natalie Brand.
Vice President JD Vance blamed the Republicans' steep midterm election losses on the Iran war. "Vice President JD Vance posted on social media on Wednesday that Republicans' midterm losses were due to the war in Iran."
President Trump said he agrees with Vance that the midterm losses were due to the war in Iran. "President Trump said he could not allow Iran to have a nuclear weapon."
Original reporting
CNBC
Crude oil prices fall below $90 a barrel as Vance blames GOP election defeat on Iran war
Crude oil prices tumbled Wednesday after Vice President JD Vance blamed the Republicans' steep midterm election losses on the Iran war.
Read the original →CBS News
Vance blames Iran war for midterm losses, Trump agrees but says Iran couldn't have nuke
Vice President JD Vance posted on social media Wednesday that Republican's midterm losses were due to the war in Iran. President Trump said he agrees with that, but that he couldn't allow Iran to have a nuclear weapon. CBS News' Natalie Brand reports.
Read the original →BBC News
Vance walks Trump tightrope with scathing election critique blaming Iran war
The vice-president's blunt assessment of Republican election defeat marked one of the sharpest breaks with a sitting president in recent memory.
Read the original →NBC News
Oil prices drop below $100 as midterms fuel hope for an end to the Iran war
Crude had traded as high as $118 a barrel Friday. Diesel futures also tumbled to their lowest point since August.
Read the original →
Facts this version was allowed to use
- Crude oil prices fell below $90 a barrel on Wednesday.
- Vice President JD Vance blamed the Republicans' steep midterm election losses on the Iran war.
- Vice President JD Vance posted on social media on Wednesday that Republicans' midterm losses were due to the war in Iran.
- President Trump said he agrees with Vance that the midterm losses were due to the war in Iran.
- President Trump said he could not allow Iran to have a nuclear weapon.
- CBS News' Natalie Brand reported on the matter.
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