You can't deny the reality that it's not good for a Republican Party already in an uphill climb to win in the midterms.

Oil prices rose Monday after the United States and Iran threatened fresh attacks on energy facilities in the Middle East, including power plants, signaling that the conflict may yet escalate.

A fifth of the world’s oil is shipped out of the Gulf through the Strait of Hormuz, but the war with Iran means it’s effectively closed.

CONFIRMED - U.S. Energy Secretary Chris Wright said on national TV today, March 8, 2026. on Fox News Sunday and CBS “Face the Nation” and other appearances).

A drop in oil prices slowed after Defense Secretary Pete Hegseth warned the day would be America's "most intense day of strikes inside Iran."

Fears grow in Lebanon of Israeli ground invasion as IDF preparing for "several more weeks of fighting against Iran and Hezbollah".

Popular Florida family theme park closes down for new development The Strait of Hormuz crisis has driven oil prices to four-year highs, disrupting global energy supplies. Rising fuel and fertilizer costs are pushing gas and grocery prices significantly higher for consumers.

Iran's critical location and its arsenal of drones and missiles are a challenge. Its stranglehold on the Strait has rattled global oil markets.