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Friday, 13 November 2026 IST

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Brent crude oil price falls below $100 a barrel on hopes of Iran peace deal following Democrats’ midterm victory

Crude oil prices declined sharply on Wednesday, with Brent prices falling below the $100 mark on hopes of a peace deal in the Iran war following the Democrats'…

Brent crude oil price falls below $100 a barrel on hopes of Iran peace deal following Democrats' midterm victory
Brent crude oil price falls below $100 a barrel on hopes of Iran peace deal following Democrats' midterm victory — image via Economic Times — Credit: Economic Times

Attributed summary

Crude oil prices declined sharply on Wednesday, with Brent prices falling below the $100 mark on hopes of a peace deal in the Iran war following the Democrats' victory in the US midterm elections.Brent crude prices were trading over 8% lower at $94.91 a barrel while WTI oil was at $88.42 a barrel.For live updates on US Markets, click hereDemocratic victories have prompted investors to reassess the US administration's approach…

Read the original report — Economic Times

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