Oil Prices Retreat After Trump Appears to Rule out Iran Strikes Before Midterms

OMEGAZEPRIME News
Published on October 9, 2026 • Originally reported by Farhan Rafid. OMEGAZEPRIME provides independent news coverage and analysis for our readers. Stay informed with the latest developments.
Oil fell Friday after surging the previous day, as traders weighed Trump’s pledge not to attack Iran before the U.S. midterm elections against persistent shipping risks in the Persian Gulf and production shut-ins in the Gulf of Mexico.
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