BusinessPhoto: Business StandardOil Prices Drop 10% as US Midterms Raise Iran War End Hopes
Brent oil futures fell 10% to below $100 a barrel after US midterm election results suggested a Democratic sweep could hasten the end of the Iran conflict. Brent hit $93.22, a two-month low, while West Texas Intermediate dropped below $90. Senate Minority Leader Chuck Schumer pledged to end the war, with some Republicans supporting the effort, raising hopes for stability in global energy markets.
Business Standard·



