Oil falls for a 4th day on expectations for lower risk of Iran war escalation

SINGAPORE: Oil prices fell for a fourth day on Thursday on expectations the losses US President Donald Trump’s Republican Party suffered in Congressional elections this week ​may reduce the risk of further escalation of the US-Israeli war on Iran. Brent futures fell 80 cents, or ‌0.85 percent to $93.82 a barrel as of 07:26 a.m. Saudi time, while US West…