#OilWarRiskRepricing

275.5K viewing|274 post

About OilWarRiskRepricing

Democrats won both chambers in the US midterms. Vance blamed Republican losses on the Iran war, while Democrats called for an end to the conflict. Trump said no new strikes were imminent. Qatar continues mediating, but no deal has been reached, with Iran demanding relief from blockades and sanctions. On Nov 4, Brent fell 8.67% to $94.62 and WTI dropped 8.3% to $88.12 as hopes of peace and restored oil supply grew. Can political pressure drive policy changes and reopen Hormuz?

Related crypto
CL
+2.33%
BZ
+2.93%