Midterm elections dating back to the 1970s suggest that Republicans run the risk of losing midterm seats on account of high gas prices.

© Lindsey Wasson/AP

In a post to social media, the president said gasoline prices should be lower because of declines in crude oil prices.

© Alex Brandon/AP

Vice President JD Vance said ship traffic through the Strait of Hormuz has already increased since a peace deal was announced, but industry associations are urging caution.

© Amirhosein Khorgooi/ISNA via AP