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Democratic sweep

Brent Crude Slumps as Democratic US Election Win Boosts Asian Stocks

November 5, 2026 by Sophie Vale
US dollar and Yen rates displayed in Tokyo. The dollar weakened against global peers after Democratic sweep of both houses

Asian stocks rallied on Thursday, November 5, 2026, as oil prices plunged following a Democratic sweep in the US midterm elections, raising hopes for a de-escalation in the Iran conflict.

Categories Business Tags Brent crude, Democratic sweep, Iran conflict, US Midterm Elections

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