Crude oil prices fall below $90 a barrel as Vance blames GOP election defeat on Iran war

Crude oil prices tumbled Wednesday after Vice President JD Vance blamed the Republicans' steep midterm election losses on the Iran war.

# Crude oil prices fall below $90 a barrel as Vance blames GOP election defeat on Iran war Crude oil prices tumbled Wednesday after Vice President JD Vance blamed the Republicans' steep midterm election losses on the Iran war. **Read the full article:** [CNBC](https://www.cnbc.com/2026/11/04/oil-price-iran-war-us-election-strait-hormuz.html) *This article was originally published by CNBC. MoneyWiseInc provides expert curation of the best financial content from trusted sources.*