Story perspectives

Military Action Sparks Economic Turmoil Ahead of Midterms

3/29/2026

Summary

Story summary

Military operations against Iran began on February 28.
Gas prices rose from $2.98 to $3.98 per gallon.
Mortgage rates reached 6.38%, the highest since September 2025.
The stock market lost over $3 trillion in value.
Democrats are capitalizing on the economic impact ahead of the midterm elections.

1 of 1

Story summary

Military operations against Iran began on February 28.
Gas prices rose from $2.98 to $3.98 per gallon.
Mortgage rates reached 6.38%, the highest since September 2025.
The stock market lost over $3 trillion in value.
Democrats are capitalizing on the economic impact ahead of the midterm elections.