BusinessPhoto: Firstpost WorldOil Prices Drop Over 8% After US Midterm Election Shift
Oil prices fell sharply by more than 8% following the US midterm elections where Democrats gained control of Congress, signaling a potential end to the US-Israeli conflict with Iran. West Texas Intermediate crude dropped 8.3% to $88.12 per barrel, and Brent crude fell 8.7% to $94.62. The election results raised hopes for a diplomatic resolution, reducing fears of prolonged war and supply disruptions.
Firstpost World·



