WNRG.L is trading at $76.50 (-3.09%) as markets reassess Iran-related supply risks and strip geopolitical premiums from oil prices.
- Brent and WTI crude plunged over 8% in the previous session after a Democratic midterm sweep reduced expectations of Iran-war escalation.
- Despite a brief price lift from tanker attacks on Nov. 5, both benchmarks remain on track for roughly 12% weekly losses amid ongoing volatility.