# Oil Prices Plunge as U.S. Elections Shake Up the Iran War

- Source: OilPrice.com
- Published: 2026-11-06T12:30:00+00:00
- Category: Local
- Original: https://oilprice.com/Energy/Energy-General/Oil-Prices-Plunge-as-US-Elections-Shake-Up-the-Iran-War.html
- Canonical: https://groundlevelnews.com/story/oil-prices-plunge-as-u-s-elections-shake-up-the-iran-war-363456/

December WTI crude oil is headed for one of its roughest weekly losses in months after the market shed $11.37, or 11.10%, from its opening price of $102.39. Prices posted a weekly high at $102.75 before breaking sharply to $86.65. Early Friday, the contract was trading near $91.58, still down heavily for the week. The decline was not driven by a sudden collapse in demand or a surprise rise in inve

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