Trump says midterms voters weren't willing to pay more for gas: 'I understand that'
Trump said higher gas prices were a "short-term consequence" of the Iran war, as Democrats flipped a swathe of House and Senate seats.
President Donald Trump addressed a midterm campaign rally in Florida amidst the Democrats' significant victories. Higher fuel prices, he claimed, were the reason behind the loss, with global gasoline costs rising by approximately 36% since last year due to the Iran war. Trump viewed the surge in fuel prices as a short-term issue, but one that voters were not prepared to endure.
He expressed understanding for the situation, stating that while he opposes it, higher gasoline prices are a short-term problem with long-term benefits. The president congratulated the Democratic congressional leaders and accepted the results, acknowledging that he would have to face a fully opposition-controlled Congress. Despite the defeat, Trump expressed sympathy for the Republicans who lost, emphasizing that he wasn't on the ballot.
The surge in fuel prices occurred following the US and Israel's airstrikes on Iran in February, which led to increased mining and attacks on ships in the Strait of Hormuz. This disruption caused a global supply constraint, leading to soaring energy prices worldwide.
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