Democratic Sweep in US Midterms Expected to Constrain Trump's Foreign Policy and Impact Global Economy

Following the November 3, 2026, US midterm elections, where Democrats gained control of both the House and Senate, analysts anticipate a more constrained foreign policy from President Donald Trump. This shift is expected to influence global energy markets, potentially leading to lower oil risk premiums, and introduce uncertainty into US relations with China and Russia, particularly regarding the ongoing war in Iran and support for Ukraine.