From The Hindu
Center-Left Owned by Kasturi & Sons Ltd.Oil rises on Iran war uncertainty after Trump’s Republicans face election rout
What's behind this
Brent slid nearly 8.6% as traders bet on an end to the Iran war after Republican midterm losses, and the resulting slump in crude oil prompted expectations that US gasoline prices could ease. The midterm election outcomes have raised hopes that the electoral setback may pressure a de‑escalation of the conflict, potentially bringing relief to American motorists.
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In the previous session, Brent settled at its lowest level in nearly four weeks as traders weighed talks to end the wars in Ukraine and Iran
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In the previous session, Brent settled at its lowest level in nearly four weeks as traders weighed talks to end the wars in Ukraine and Iran
