Mumbai, Nov. 5 -- WTI crude oil extended its sharp selloff on Thursday, sliding towards $86 per barrel in Asian trade after plunging nearly 9% in the previous session, as markets assessed the potential implications of the Democrats' sweeping victory in the US midterm elections. The election outcome heightened expectations that mounting political pressure on the Trump administration could accelerate efforts to end the war with Iran through a negotiated settlement, easing concerns over prolonged supply disruptions. Vice President JD Vance acknowledged voter dissatisfaction over the conflict as a factor behind the Republicans' poor performance, while Democratic Senate Minority Leader Chuck Schumer pledged to push for an early end to the war. O...