# The good, the bad and the ugly of the midterm elections

> After the US midterm elections, markets priced in a greater chance of a negotiated end to the US-Iran conflict, and Brent fell about $20 per barrel to around $97 on Friday. US equities then fell sharply amid a sell-off in technology and semiconductor shares, before recovering somewhat on Friday.

- Date: 2026-11-09 · published 2026-11-09T03:11:37.805Z
- Category: geopolitics · region Global · magnitude low
- Page: https://feedsoft.ai/events/88579-the-good-the-bad-and-the-ugly-of-the-midterm-elections
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Lower perceived risk of Middle East supply disruptions weighed on crude prices despite tanker attacks. The election-driven market volatility may also affect broader financial and currency conditions.

## Read by commodity

- BRENT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2020-03-09 | [AP Explains: The oil market meltdown and its global impact \| AP News](https://feedsoft.ai/events/4420-ap-explains-the-oil-market-meltdown-and-its-global-impact-ap-news.md) | -27.3% | -36.6% |
| BRENT | 2020-01-08 | [Oil dives as U.S., Iran tensions ease and on U.S. crude build](https://feedsoft.ai/events/9656-oil-dives-as-u-s-iran-tensions-ease-and-on-u-s-crude-build.md) | -5.9% | -21.3% |
| BRENT | 2019-02-26 | [Despite progress in trade talks between the U.S. and China, oil futures gave up early gains](https://feedsoft.ai/events/60761-despite-progress-in-trade-talks-between-the-u-s-and-china-oil-futures-gave-up.md) | +1.0% | +4.5% |
| BRENT | 2025-06-25 | [Why have oil prices declined and what are the potential implications? \| Explained - The Hindu](https://feedsoft.ai/events/9616-why-have-oil-prices-declined-and-what-are-the-potential-implications-explained.md) | -1.1% | +1.5% |
| BRENT | 2020-07-15 | [OPEC and allies to ease cuts, allow more oil production \| AP News](https://feedsoft.ai/events/52002-opec-and-allies-to-ease-cuts-allow-more-oil-production-ap-news.md) | +3.2% | +2.7% |

## Sources

- thenational.co.za: https://thenational.co.za/thought/2026-11-09-the-good-the-bad-and-the-ugly-of-the-midterm-elections/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.