Refined Products, Crude Oil
October 23, 2026
US midterms: How much could change for oil markets?
Featuring Jeff Mower, Kate Winston, and Eamonn Brennan
HIGHLIGHTS
Congress control impacts energy sanctions
Election results may alter fuel investments
Political shift threatens policy scrutiny
Could a shift in Congress reshape oil policy or just intensify the scrutiny? The US midterm elections are just around the corner, with all 435 House seats and 35 Senate seats on the ballot Nov. 3. At stake is whether Republicans retain control of Congress or Democrats win one or both chambers and gain new leverage over the Trump administration's energy agenda. On the Oil Markets Podcast by S&P Global Energy, host Jeff Mower joins policy editors Kate Winston and Eamonn Brennan to explore what the US midterms could mean for sanctions, investment and fuel prices.