Gulf markets gain, oil falls as Democrats win Congress

Oil prices fell after Democrats won control of the House and Senate amid hopes that a Democratic-led Congress could lead to more US restraint in Iran.
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Oil prices fell after Democrats won control of the House and Senate amid hopes that a Democratic-led Congress could lead to more US restraint in Iran.
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Silicon Valley faces Democratic reckoning after betting on Trump
Politics
By Phil StewartWASHINGTON, Nov 5 (Reuters) - US Defense Secretary Pete Hegseth issued a video message on Thursday vowing to fight efforts in Congress to impeach him and defending the Iran war as “courageous and historic” after voters punished Republicans over it in this week’s midterm elections.Hegseth's remarks, posted on social media, came as taunts from his foes in Congress intensified and President Donald Trump swatted away questions about whether he might fire Hegseth. Trump has commended his Pentagon chief.
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Chuck Schumer has stated that Senate Democrats will block any attempt by Donald Trump to nominate a strongly conservative justice to the Supreme Court. Should a vacancy arise, Democrats may prevent confirmation until after the 2028 presidential election.