Oil prices fell more than 8% after Republicans lost control of both chambers of Congress in the US midterms, with traders betting on political pressure to end the eight-month Iran war. Brent settled at $94.62 a barrel and WTI at $88.12, both the lowest since August 31. Vice President JD Vance blamed the war for the defeat.
Oil prices plunge 8% as US midterm results raise hopes of Iran war exit
Source: Firstpost