Oil slides 5% with Brent below $100/barrel on US-Iran peace hopes

🌐 Investing.com (CY) — 2026-05-24

Oil prices fell sharply, with Brent crude dropping below $100 per barrel amid hopes for improved US-Iran relations paving the way for peace. This decline reflects market optimism about easing geopolitical tensions.

World Politics Markets Commodities Energy oil prices Brent crude US-Iran relations geopolitics peace hopes energy markets

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Oil slides 5% with Brent below $100/barrel on US-Iran peace hopes

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