Oil rises on Iran war uncertainty after Republicans face election rout
Oil rises on Iran war uncertainty after Republicans face election rout
Oil rises on Iran war uncertainty after Republicans face election rout
Key points
اہم نکات
मुख्य बातें
- Oil prices rose on Wednesday in a volatile session as investors waited for Washington's next move in the war with Iran, after Democrats captured control of Congress from Donald Trump's Republicans in the midterm elections.
- Brent futures rose 82 cents, or 0.8 percent, to $104.42 a barrel, while US West Texas Intermediate crude gained 50 cents, or 0.5 percent, to $96.59, reversing earlier falls.
- Markets were also watching for progress in talks to end the US-Israeli war with Iran, with Qatar stepping up mediation, while a senior Iranian official said Iran and the United States remain far from a deal.
- Oil prices rose on Wednesday in a volatile session as investors waited for Washington's next move in the war with Iran, after Democrats captured control of Congress from Donald Trump's Republicans in the midterm elections.
- Brent futures rose 82 cents, or 0.8 percent, to $104.42 a barrel, while US West Texas Intermediate crude gained 50 cents, or 0.5 percent, to $96.59, reversing earlier falls.
- Markets were also watching for progress in talks to end the US-Israeli war with Iran, with Qatar stepping up mediation, while a senior Iranian official said Iran and the United States remain far from a deal.
- Oil prices rose on Wednesday in a volatile session as investors waited for Washington's next move in the war with Iran, after Democrats captured control of Congress from Donald Trump's Republicans in the midterm elections.
- Brent futures rose 82 cents, or 0.8 percent, to $104.42 a barrel, while US West Texas Intermediate crude gained 50 cents, or 0.5 percent, to $96.59, reversing earlier falls.
- Markets were also watching for progress in talks to end the US-Israeli war with Iran, with Qatar stepping up mediation, while a senior Iranian official said Iran and the United States remain far from a deal.
Oil prices rose on Wednesday in a volatile session as investors waited for Washington's next move in the war with Iran, after Democrats captured control of Congress from Donald Trump's Republicans in the midterm elections. Brent futures rose 82 cents, or 0.8 percent, to $104.42 a barrel, while US West Texas Intermediate crude gained 50 cents, or 0.5 percent, to $96.59, reversing earlier falls. Markets were also watching for progress in talks to end the US-Israeli war with Iran, with Qatar stepping up mediation, while a senior Iranian official said Iran and the United States remain far from a deal.
Oil prices rose on Wednesday in a volatile session as investors waited for Washington's next move in the war with Iran, after Democrats captured control of Congress from Donald Trump's Republicans in the midterm elections. Brent futures rose 82 cents, or 0.8 percent, to $104.42 a barrel, while US West Texas Intermediate crude gained 50 cents, or 0.5 percent, to $96.59, reversing earlier falls. Markets were also watching for progress in talks to end the US-Israeli war with Iran, with Qatar stepping up mediation, while a senior Iranian official said Iran and the United States remain far from a deal.
Oil prices rose on Wednesday in a volatile session as investors waited for Washington's next move in the war with Iran, after Democrats captured control of Congress from Donald Trump's Republicans in the midterm elections. Brent futures rose 82 cents, or 0.8 percent, to $104.42 a barrel, while US West Texas Intermediate crude gained 50 cents, or 0.5 percent, to $96.59, reversing earlier falls. Markets were also watching for progress in talks to end the US-Israeli war with Iran, with Qatar stepping up mediation, while a senior Iranian official said Iran and the United States remain far from a deal.
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