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Ross Gerber said Iran war tensions, rising oil prices and borrowing costs could weigh on Trump ahead of the midterms. WTI rose to $85.66 and Brent to $91.71.

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00:00It's Benzinga, bringing Wall Street to Main Street.
00:03Investor Ross Gerber criticized Trump on Tuesday over the Iran war,
00:06arguing that rising oil prices and borrowing costs could increase political pressure on the administration.
00:12In a post on X, Gerber said the stock market wanted no part of the conflict
00:17and questioned whether Trump could reach a deal to end it during his presidency.
00:21WTI crude rose 0.85% to $85.66 per barrel,
00:26while Brent gained 0.83% to $91.71.
00:31The national average gasoline price climbed to $4,086 per gallon Wednesday, according to AAA.
00:38Iran official Mosin Reza'i mocked Trump's claim over the Strait of Hormuz.
00:43Energy Secretary Chris Wright said U.S. military escorts had helped 30 vessels move through the waterway.
00:48For all things money, visit Benzinga.com.
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