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Crude cools, but war risks keeps mkts guessing

New Delhi: Oil prices may remain elevated as President Donald Trump's weakened political position after the midterms complicates efforts to end the Iran war and Tehran grows more emboldened, industry executives said, although crude oil cooled hours after the results came out.Brent futures dropped $9.27, or 8.9%, to $94.29 a barrel, touching the lowest level since September 4. US West Texas…

First reported by The Economic Times 1 source
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  1. The Economic Times

    Crude cools, but war risks keeps mkts guessing (opens The Economic Times in a new tab)

    New Delhi: Oil prices may remain elevated as President Donald Trump's weakened political position after the midterms complicates efforts to end the Iran war and Tehran grows more emboldened, industry executives said, although crude oil cooled hours after the…