Oil prices and the Iran war

What happened before and after this story. Background events not previously covered were summarised by AI.

1. 3 NovBackground

   Democrats make broad gains in the 2026 US midterm elections

   Democrats won widely in the November 2026 US midterms, putting Republicans on course to lose control of Congress and weakening President Trump.

2. 

   5 Nov

   Oil falls for a fourth day as US election results ease Iran war fears

   Brent slipped to about $93.82 a barrel on Thursday as markets bet that Republican losses in the midterms make a wider war with Iran less likely.