Vance: Republicans Lost Midterms Because of Iran War

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Vice President JD Vance stated Wednesday that Republicans lost the midterm election decisively due to the Iran war. Following his post on X, oil prices plunged by approximately $8 per barrel as traders anticipated increased pressure on the White House to find an offramp from the conflict. Meanwhile, Senator Chuck Schumer, the likely Senate majority leader in the next Congress, vowed that Democrats will push to end the war, further influencing the market's reaction.
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