PRESIDENTS OBAMA AND TRUMP HELD COMPETING MIDTERM RALLIES ON THE SAME DAY . THEY CLASHED ON IRAN .

What happened: Presidents Obama and Trump held competing midterm rallies on the same day, with Trump praising his Iran policy and Obama criticizing Trump's handling of the conflict. Key numbers: Brent Crude surpassed $117 a barrel on Friday, its highest since April. WTI closed above $103, its highest since May. Why it matters: Trump said oil prices would fall dramatically once the war ends, while Obama said Iran now has veto power over the Strait of Hormuz, which he cited as the reason oil, diesel and other prices are up. Coverage: 6 outlets in 24h

Presidents Obama and Trump held competing midterm rallies on the same day, with Trump praising his Iran policy and Obama criticizing Trump's handling of the conflict.

Trump said oil prices would fall dramatically once the war ends, while Obama said Iran now has veto power over the Strait of Hormuz, which he cited as the reason oil, diesel and other prices are up.