Oil edges higher as Democratic Senate win adds Iran policy uncertainty

Oil prices rose Wednesday as investors weighed the impact of Democrats winning control of the Senate, which could constrain Trump's foreign policy on Iran. Brent crude rose 0.3% to $103.58, WTI gained 0.2% to $94.99. The new Congress takes office Jan. 3, leaving nearly two months for the current administration to act. The market is watching for any diplomatic agreement or further military escalation.