Republican congressional candidate Ritesh Tandon says President Donald Trump's Iran war has raised fuel costs, with California diesel averaging $8.242 per gallon in the week of Oct. 19 versus $6.276 nationally, per the EIA. He links higher diesel prices to rising merchandise prices and pressure on households living paycheck to paycheck. The BLS reported the all-items CPI rose 0.6% in September and 3.7% over 12 months (up from 3.4% in August), with gasoline supplying more than half the monthly gain as its index rose 9.1%; the release did not measure how much inflation came from the Iran war. The EIA said Brent went from $72 a barrel at the start of July to above $100 by July 23, and U.S. distillate inventories were 13% below their 2021–2025 average for the week ending Sept. 25. Tandon said that if elected he would seek to stop the war and control inflation.
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XAU/USD
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| Market | Gold |
|---|---|
| Close on 10/23/2026 | 3,995.78 |
| Change that session | -0.72% |
SPY
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| Market | US stocks |
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| Sector | ETF |
| Close on 10/23/2026 | 759.85 |
| Change that session | -0.54% |
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