By Myra P. Saefong and Isabel Wang

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 moved lower on Wednesday as investors weighed the prospect of a U.S.-Iran agreement that could restore shipping through the Strait of Hormuz.

By Myra P. Saefong and Isabel Wang