The outline of a deal to end the war with Iran is emerging, but its aftermath will be higher oil prices and the humiliation of the Trump administration.

Oil prices fell sharply as traders priced in growing hopes that a U.S.-Iran deal could reopen the Strait of Hormuz and ease the global supply shock.

Oil prices have dropped significantly as markets react to potential peace talks between the United States and Iran. Asian stock markets saw early gains on Monday. President Donald…

Brent Crude fell by over five per cent on Monday on news of progress between Iran and the US in peace negotiations.

The outline of a deal to end the war with Iran is emerging, but its aftermath will be higher oil prices and the humiliation of the Trump administration.

ALBAWABA- Global oil prices fell sharply on May 25–26, 2026, after U.S. President Donald Trump signaled that a comprehensive agreement with Iran could b

Oil prices fell as traders focused on hopes for a U.S.-Iran deal despite continued hostilities, tight inventories, and the effective closure of the Strait of Hormuz.

Oil markets remain volatile as traders struggle to interpret contradictory signals on prospects for U.S.-Iran peace agreement.