Brent crude oil falls under $100 a barrel after Trump's midterm defeats
Brent crude oil falls under $100 a barrel after Trump's midterm defeats Benchmark international oil contract Brent crude dropped more than four percent to under $100 per barrel on Wednesday following heavy defeats suffered by US President Donald Trump's Republican Party in the midterm elections. The price of Brent crude for delivery in January went down 4.7 percent to $98.76 per barrel, hitting…
Democrat Robert Garcia has warned President Donald Trump and his Republican allies to "lawyer up" following the party's successful midterm elections. The California representative, who will chair the influential House Oversight Committee, has vowed to investigate the Trump family's business dealings and financial interests. Garcia plans to scrutinize the Trump family's crypto schemes, Jared Kushner's board positions and contracts, and alleged business ties with foreign entities like the United Arab Emirates.
He has also pledged to investigate potential conflicts of interest arising from Trump's administration's decision to export advanced AI chips to the UAE and the $2.25 billion in realized profits generated by Trump and his family through digital currency ventures and foreign-linked payments.
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