The Iran War’s Oil Costs Are Shaping Pivotal Midterm Races
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In its ninth month, the Iran war has damaged Middle East refineries and kept Strait of Hormuz uncertainty high, inflating oil prices. The Center for American Progress estimates at least $1,200 per US household. Democrats link diesel, heating oil, and fertilizer costs to the conflict before Tuesday’s midterms. Texas diesel surged over 80% year-on-year, about 10% above the national AAA average; Governor Greg Abbott declared a state of emergency, and challenger Gina Hinojosa is attacking him over the war.
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