BusinessPhoto: News18 WorldOil Prices Drop Below $95 After Trump's Midterm Loss
Oil prices fell sharply on Wednesday, with Brent crude dropping 8.9% to $94.29 per barrel and US West Texas Intermediate down 7.8% to $88.54. The decline followed President Trump's Republican Party losing control of Congress in midterm elections. Investors anticipate reduced US military spending in the Middle East and potential peace talks, as Trump stated no immediate plans to strike Iran amid the US-Israeli-Iran conflict.
News18 World·



