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Trump says oil prices that spiked because of Iran war likely won't come down until after midterms

  • Oil prices jumped more than 3%, sending Brent past $100 as U.S.-Iran hostilities escalate.
  • Trump said prices likely won't fall until after the midterm elections and predicted the Iran war will end "immediately after the election."
  • Fuel costs are rising โ€” gas, diesel and jet fuel โ€” pushing up pump prices and fares while the U.S. taps its strategic petroleum reserve.
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