Canadian investor Kevin O'Leary has stated that high oil prices will be the main issue in the midterms, following the ongoing U.S. military operations against Iran. This comes as the Iranian military responds to joint strikes from the US and Israel with retaliatory attacks on U.K. bases and oil refineries in the Strait of Hormuz, disrupting the transport of oil through the major trade corridor. The White House recently moved to loosen restrictions on the sale of Russian barrels after global oil supplies fell. Critics, including Sen. Elizabeth Warren (D-Mass), have criticized this move, with some claiming it puts Americans in danger and provides a financial windfall to Russian President Vladimir Putin's war machine.