Oil Prices Plunge on Eve of Midterms as U.S.-Iran Talks Gain Momentum

Oil prices tumbled more than 6% on Monday, the day before the midterm elections, as signals from Washington and Tehran that they were ready to resume talks boosted hopes of ending the war in the Middle East. U.S. crude for December delivery settled at $96.98 a barrel, down more than $7 on the day. The