Oil Crashes 9% as Trump Ties Iran War to Midterm Losses
Brent fell $8.94, or 8.6%, to $94.66 per barrel after touching its lowest level since September 4. WTI dropped $8.01, or 8.3%, to $88.08 as traders price an end to the Iran war following White House comments linking Tuesday’s midterm losses to the conflict.
Original · OilPrice.com AI summary of public reporting
Why: End to Iran war priced in → oil falls sharply
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Prices since publication
At publication → CurrentBRENTOIL95.68 → 95.35−0.3%
CL88.81 → 88.71−0.1%