Oil prices fall amid mixed signals on US-Iran peace deal
Corroborated by 8 sources from 8 publishers
TL;DR
Reports differ across sources; according to theguardian.com, brent crude futures, the global oil benchmark, were down 5.5% to just below $98 a barrel, the lowest levels in two weeks, with hopes that an agreement to end the US-Israeli war on Iran can be struck.
Sources
1
Al Jazeera
https://www.aljazeera.com/economy/2026/5/25/oil-prices-fall-amid-mixed-signals-on-us-iran-peace-deal?traffic_source=rss
2
CNBC 100004038
https://www.cnbc.com/video/2026/05/25/oil-faces-trigger-point-in-july-expect-prices-to-soar-expert.html
3
Yahoo Finance News
https://www.wsj.com/business/energy-oil/oil-markets-hormuz-us-iran-deal-cf79ca70?siteid=yhoof2&yptr=yahoo
4
The Hill Energy & Environment
https://thehill.com/policy/energy-environment/5893863-iran-war-potential-peace-deal-oil-gas-price-drop
5
BBC News (World)
https://www.bbc.com/news/articles/c809m7g29r7o?at_campaign=rss&at_medium=RSS
6
Yahoo Finance News
https://finance.yahoo.com/markets/crypto/articles/oil-price-butchered-us-stocks-144359730.html
7
The Guardian (World)
https://www.theguardian.com/business/2026/may/25/oil-prices-fall-below-100-dollars-a-barrel-iran
8
Yahoo Finance News
https://www.wsj.com/finance/oil-prices-drop-on-prospect-of-iran-deal-but-investors-arent-celebrating-yet-6d5a483a?siteid=yhoof2&yptr=yahoo
9
Dow Jones Markets Main
https://www.wsj.com/finance/oil-prices-drop-on-prospect-of-iran-deal-but-investors-arent-celebrating-yet-6d5a483a?mod=rss_markets_main
10
Bloomberg Markets
https://www.bloomberg.com/news/articles/2026-05-25/latest-oil-market-news-and-analysis-for-may-26
11
CNBC 19836768
https://www.cnbc.com/2026/05/25/oil-prices-iran-war-carlyle-currie.html