Kevin O’Leary says high oil prices will be ‘granddaddy’ issue in midterm elections
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Kevin O'Leary predicted high oil prices will be a major issue in the upcoming midterm elections.
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High oil prices directly increase your costs for gasoline, transportation, and goods, potentially impacting your household budget.
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Canadian investor Kevin O'Leary told Fox News's Martha MacCallum on Wednesday that spiking oil prices amid U.S. military operations against Iran will be the "granddaddy issue" in the midterm elections. O'Leary made his comments ahead of Trump's speech in Kentucky on Wednesday afternoon.
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Economy & Markets
Monitoring the US and global economy including inflation, employment, Federal Reserve policy, trade tensions, market volatility, housing affordability, and the financial pressures facing American households.
Iran & Middle East Conflict
Tracking the evolving military and diplomatic situation across the Middle East, including US-Iran tensions, Israeli operations, proxy conflicts, and the broader geopolitical implications for the region.
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PoliticsTrump a lot more concern about how war and oil prices will affect midterms
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PoliticsU.S. eases some sanctions on Russian oil, but crude prices remain high
The move, intended to soothe jittery markets over the disruption of Middle Eastern oil and gas supplies, underlines how the war has boosted Moscow's ability to profit from its energy exports, a pillar of the Kremlin's budget as it presses its invasion of Ukraine.
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