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Market Impact: 0.55

Trump Says Gasoline Prices Will Fall, But Only After Midterms

Source: Bloomberg

Geopolitics & WarEnergy Markets & PricesElections & Domestic Politics

President Trump said the war in Iran may not end until after the November midterm elections and that meaningful gasoline-price relief is unlikely before then. Prolonged conflict and sustained fuel costs could increase political risk for Republicans while maintaining pressure on energy markets and consumer sentiment.

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