US, Nov. 5 -- The US dollar index and Treasury yields fell sharply as investors increasingly priced in a Democratic sweep in one of the most closely watched US midterm elections, with experts saying the outcome could influence oil prices, tariff policies, regulation of major industries and the broader geopolitical outlook, including for India.

According to analysts, a stronger Democratic showing could ease concerns over oil prices if pressure mounts on US President Donald Trump to step back from the Iran conflict.

For India, the implications are seen as more geopolitical than directly market-related.

Lower crude prices, a weaker US dollar and softer Treasury yields would be beneficial for the Indian economy by easing pressure on the r...