Topic

US midterm elections

US midterm elections: 4 The Indus Compass stories. Latest: Oil falls 9% and gold tops $4,000 after Democrats win Congress. Key developments, background and…

4 stories on US midterm elections since 22 October 2026; the latest was published on 5 November 2026.

Key developments

  1. Oil falls 9% and gold tops $4,000 after Democrats win CongressBrent crude futures fell $9.27, or 8.9 per cent, to $94.29 a barrel on Wednesday, the lowest since September 4, while US crude lost $7.44 to $88.54.
  2. Iran's supreme leader: hope of a US policy shift is 'seriously mistaken'Iran's supreme leader Mojtaba Khamenei said in a written statement that those who hope US behaviour will change through partisan shifts or concessions are 'seriously mistaken', AFP reported.
  3. US war on Iran has cost over $47 billion, Pentagon data showsThe US military has spent more than $47 billion on the Iran war, according to Pentagon data obtained by Reuters; the Pentagon did not comment.
  4. US midterms 2026: what is at stake for Trump and CongressRepublicans hold the House 218-214 and the Senate 53-47; Democrats need net gains of four seats in each to take control.