Oil prices hit two-month low following decisive midterm election results — Live Feedhttps://www.live-feeds.com/feed/oil-prices-hit-two-month-low-following-decisive-midterm-election-resultsContinuously updated, source-cited coverage. Oil prices hit two-month low after midterm election resultshttps://www.live-feeds.com/feed/oil-prices-hit-two-month-low-following-decisive-midterm-election-resultshttps://www.live-feeds.com/feed/oil-prices-hit-two-month-low-following-decisive-midterm-election-results#u192535Wed, 11 Nov 2026 00:35:21 +0000Oil prices fell more than 8% on Wednesday to settle at their lowest level in over two months after Republicans lost control of Congress in the U.S. midterm elections. Investors are betting the shift in power could accelerate an end to the U.S.-Israeli war with Iran, reducing geopolitical risk premiums. The selloff marks a fourth consecutive day of declines driven by expectations of lower escalation risk.Why it mattersThe midterm election outcome has reshaped market assumptions about U.S. foreign policy toward Iran. A Democratic-controlled Congress is seen as more likely to push for de-escalati