Oil Price Falls Further After Vance Tweet on Midterms and Iran
Dow Jones11-05 00:45
Crude oil prices fell sharply Wednesday as investors took the Democrats' wins in elections as a sign the Iran war might end sooner rather than later.
A long social-media post by Vice President JD Vance this morning blaming Republican losses on the Middle East war added to crude's decline. The most-active Brent crude contract, lost nearly 8%, to trade at $95.70 a barrel. The U.S. benchmark also declined.
At the request of the copyright holder, you need to log in to view this content
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments