Dramatic drops in oil prices following the results of the U.S. midterm elections and Vice President J.D. Vance's remarks on the reasons for the defeat, including the war with Iran and voters' desire for a change in relations with Israel. At this hour, a barrel of Brent crude is trading around $94, a drastic drop of 9%. A barrel of WTI crude is trading around $88, a decline of approximately 8%. Trading on the Tel Aviv Stock Exchange closed with sharp declines. The TA-35 index fell 1.96% to 3,969.53 points, the TA-125 index fell 1.86% to 3,849.08 points and the TA-90 index fell 1.9% to 3,484.82 points. At the peak of the declines in the afternoon, the leading indices lost more than 2%. Toward the close, the declines moderated slightly.