Senior Democrats in the United States have pledged to tackle rising commodity prices, ensure accountability and push for an end to the Iran war following their party’s victory in the midterm elections.

President Donald Trump has acknowledged that the Iran war played a significant role in his Republican Party’s defeat, following Vice-President JD Vance’s criticism of the conflict as a major factor behind the electoral setback.

Meanwhile, two Senate races in Mississippi are yet to be decided, as both parties remain locked in an unusually tight contest, while vote counting continues slowly in Alaska.

Meanwhile, international oil prices have fallen below 100 dollars per barrel, their lowest level in about two months, following the announcement of the election results.