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Crude oil prices fell below $90 a barrel on Wednesday after Vice President JD Vance blamed the Republicans' steep midterm election losses on the Iran war. The move came as markets reacted to the Democratic sweep of Congressional seats. The sources gave no further detail on the size of the price decline.

Sources:CNBC Top News

1 outlet · 1 article · first seen Nov 4, 5:00 PM ET

What this touches in markets

Stored closes for the instruments tied to this story's tags and places, with their dates.

  • XLE closed at 63.52, down 4.74%, on 2026-11-04. Listed for: Energy sector ETF.

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