Brent Crude Oil Price Falls Below $100 for First Time Since October as Democrats Win US Midterm Elections and Trump Signals Iran Restraint

The global oil market experienced a significant shift on November 4, 2026, as Brent crude oil futures dropped below $100 per barrel for the first time since early October. The decline followed a strong Democratic performance in the US midterm elections and comments from President Donald Trump that reduced expectations of immediate military action against … Read more