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President Donald Trump acknowledged on Wednesday that the Iran war was the key factor in his party's sweeping midterm election losses, after Vice President JD Vance urged Republicans to be "honest" about it, the Korea Times reports. Trump said the war's outcome made the defeat "largely true," while also deflecting blame to fellow Republicans and insisting he accepts the results. The White House said Trump is "still your president" a day after the Republican Party suffered historic losses, and U.S. stocks rallied toward their best day in three months as investors welcomed the end of sole Republican control. Iran's supreme leader Mojtaba Khamenei dismissed hopes of a U.S. policy shift, saying those expecting one were "seriously mistaken," and warned the Middle East war would widen if Washington resumes attacks. Korean experts warn Democratic gains in both chambers could expose Korea to fresh trade uncertainty, as the shift would do little to curb Trump's trade policies, the Korea Times reports.