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Oil prices are in freefall now that the Democratic sweep is ‘rewriting the Iran playbook’

Oil dropped Wednesday, putting prices on track for their largest one-week decline since 2020.

✦ Extractive summary — built from the sources' own reporting•From 1 source•1 min read•Updated November 4, 2026, 8:28 PM UTC

How this summary was made: extractive summary — built from the sources' own reporting. It is drawn only from the reporting of the sources listed below — read the originals for full detail. How we summarize →

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