Oil Traders Brace for Iran Escalation Post US Midterms
Oil traders are preparing for a potential resumption of hostilities in the Middle East after the November 3 US midterm elections, according to ING commodity strategists. If no escalation occurs, oil prices are likely to drop.
Original · OilPrice.com AI summary of public reporting
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At publication → CurrentBRENTOIL111.63 → 110.93−0.6%
CL102.10 → 101.54−0.5%