Brent crude fell more than 3% toward $100 a barrel, extending losses for a third consecutive session. Traders weighed U.S. midterm election results and diplomatic efforts to end the war with Iran; investors also assessed the election outcome and its implications for President Donald Trump’s approach to Iran.
WHO:
Oil traders and investors
WHAT:
Brent crude fell more than 3% toward $100 a barrel, extending losses for a third consecutive session.
WHEN:
Nov 4, 2026
WHERE:
Global oil market
WHY:
Traders and investors weighed U.S. midterm election results and diplomatic efforts to end the war with Iran, including possible implications for President Donald Trump’s approach to Iran.
How this story developed (showing 7 of 7 earlier reports)
