Politics · United States · 3 hrs ago

Inflation and energy costs dominate US midterm elections

Inflation and energy costs dominate US midterm elections

On November 3, US voters will decide who controls Congress by voting for all 435 House seats and about a third of the Senate.

They will also choose 36 governors and vote on local proposals.

Rising prices have become a leading campaign issue, with the cost of filling a Ford pickup rising from $70 to $100 in a year, according to the story.

Energy costs have also surged amid the war with Iran and the effective closure of the Strait of Hormuz, a route that normally carries about 20% of the world's oil and gas.

The price increases are putting pressure on Trump and Republicans, after Trump campaigned on tackling the cost of living and now faces public discontent over the economy and the war.

Trump is not running in the election, but he has urged supporters to treat it as if he were on the ballot, while Democrats have framed it as a judgment on his presidency.

The election will determine control of Congress and state offices, though the story does not say what the result will be.

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MUFG analystsFinancial analysts
with inflation well above 3% and energy prices up more than 70% so far this year, polling data clearly suggest that the economy remains voters’ main concern in 2026
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