https://www.live-feeds.com/feed/oil-falls-as-traders-parse-iran-war-outlook-after-midtermsContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/oil-falls-as-traders-parse-iran-war-outlook-after-midtermshttps://www.live-feeds.com/feed/oil-falls-as-traders-parse-iran-war-outlook-after-midterms#u188688Mon, 09 Nov 2026 18:41:26 +0000Crude oil prices dropped at Monday's open, with Brent declining 84 cents to $97.48 a barrel and West Texas Intermediate falling 32 cents to $90.51 a barrel. The retreat follows US midterm election results where Democrats won Congress, alongside comments from US President Donald Trump stating he is highly unlikely to order new Iran attacks while conflict resolution talks advance. Despite the downward pressure on prices, both nations continue to report attacks on ships in or near the Strait of Hormuz.Why it mattersThe recent drop in energy markets follows a period of heightened volatility d