00:00Oil prices tumbled Wednesday with U.S. crude falling below $90 a barrel after Vice President J.D. Vance pointed
00:07to the war with Iran as a major factor in Republicans' devastating midterm losses.
00:12West Texas intermediate dropped more than 7 percent, while Brent crude also fell sharply as investors weighed the possibility of
00:20a diplomatic breakthrough and reduced geopolitical tensions.
00:23The shift in political power could increase pressure on the Trump administration to find a path toward ending the conflict.
00:30Lower oil prices could offer relief to consumers facing high gasoline costs.
