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WTI Crude Oil Futures: Under Pressure after Midterm Elections

Thursday, 5 November 2026 · 07:38 · 1:26

Market focus in Thursday's early Asian session is squarely on the macroeconomic fallout from Wednesday's midterm elections. With the Republican Party losing control of Congress, traders are pricing in a potential shift in foreign policy that could hasten a diplomatic resolution to the conflict with Iran.

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