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Sunday, 8 November 2026 IST

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Crude cools, but war risks keeps mkts guessing

New Delhi: Oil prices may remain elevated as President Donald Trump's weakened political position after the midterms complicates efforts to end the Iran war and Tehran grows more…

Crude cools, but war risks keeps mkts guessing
Crude cools, but war risks keeps mkts guessing — image via Economic Times — Credit: Economic Times

Attributed summary

New Delhi: Oil prices may remain elevated as President Donald Trump's weakened political position after the midterms complicates efforts to end the Iran war and Tehran grows more emboldened, industry executives said, although crude oil cooled hours after the results came out.Brent futures dropped $9.27, or 8.9%, to $94.29 a barrel, touching the lowest level since September 4. US West Texas Intermediate crude futures were down $7.44, or 7.8%, to…

Read the original report — Economic Times

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