Brent oil futures plunged 10% to trade below $100 a barrel as investors wagered that a Democratic sweep in the US midterm elections could usher a quicker end to the months-long Iran conflict that upended global energy markets.

Oil prices swung in a choppy session as traders parsed conflicting signs on the trajectory of peace talks between the US and Iran.

Oil slumped the most in three months after Washington and Tehran signaled openness to talks to resolve the months-long conflict roiling Middle East energy supplies.

Oil climbed as traders gauged Washington’s appetite for renewed military escalation against Iran, adding fresh risk to supplies in the Middle East.

Oil fluctuated in a choppy session as traders weighed conflicting signals on the direction of US military strategy in Iran.

The Commodity Futures Trading Commission plans to double the frequency with which it publishes a widely followed report on futures and options trading positions.

Oil retreated from a six-month high as senior officials from several countries flew to Tehran in a bid to revive talks aimed at preventing a broader escalation in the Middle East.

US investors are using VPNs to access offshore platforms, prompting warnings from regulated commodity firms over market risks.

Brent oil finished out the week at the highest level since April as intensifying attacks on Saudi Arabia added to supply concerns already stoked by the US-Iran war.

Commodity exchanges are urging US regulators to withhold approval of Kalshi Inc.’s proposed perpetual oil futures contract and close a loophole that gives retail traders access to offshore platforms.

Brent oil edged lower in a choppy session, with traders parsing the status of negotiations between the US and Iran against a backdrop of persistent unrest in the Middle East.

Oil fluctuated near a five-month high, with technical resistance tempering a rally sparked by supply risks from a flareup in Middle East fighting.

Brent oil hit $110 a barrel for the first time since May as prospects for imminent supply relief dwindle, prompting traders to ramp up bets on higher prices ahead of the weekend.

Oil edged higher on growing doubts about US President Donald Trump’s deal to release more Russian diesel into global markets amid supply disruptions from the Strait of Hormuz to the Black Sea.

Brent crude fluctuated as news of a fresh release from emergency reserves helped offset increasing supply risks stretching from the Strait of Hormuz to the Black Sea.

Oil gained as hostilities intensified from Russia to the Middle East, threatening supply flows that only recently recovered to near pre-war levels.

Oil held steady after three sessions of gains as traders booked profits from the recent rally while threats to energy supplies continued to loom from the Middle East to Russia.

Oil ticked higher as the prospect of a wave of Russian diesel hitting global markets competed with mounting supply risks, from fresh tanker attacks in the Strait of Hormuz to a hurricane in the US.

Oil surged by the most in a month as fresh tanker attacks by Iran threaten to curtail a recent uptick in flows from the Middle East, adding to worries over rising inflation around the world.

For years, regional US banks lent money to commodities clients, only to watch them take their lucrative hedging activity to Wall Street. Now the regionals want to grab more of a booming business.