Oil prices drop sharply on volatile post-election trading
Source: Baird MaritimePublished: November 4, 20260 views
Oil prices fell sharply following the US midterm elections, with Brent crude down $4.50 to $99.07 a barrel. Increased crude exports from the Middle East and Trump's lack of immediate plans to strike Iran are influencing prices. The Democratic control of Congress may also affect US military spending in the region.
oil pricesUS electionsMiddle East