Democrats seize Congress as Iran war drives historic midterm rout

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The Democratic takeover gives the opposition substantial power to block legislation, control investigations, influence government budgets and shape oversight of the Pentagon.[4] Vice President JD Vance attributed the Republican loss to the war’s unpopularity, while Trump acknowledged its political cost but defended the conflict.[6] Markets reacted sharply, with U.S. stocks rising and oil prices falling more than 8% as investors anticipated pressure for a possible resolution to the Iran conflict.[4]

Sources: Reuters, AP, news.com.au, GMA News