Business

Oil Prices Drop Amid Middle Eastern Tensions

Updated 2026-05-05 00:45 UTC 1 source Negative

Oil prices fell on Tuesday as traders reacted to ongoing developments in the Middle East, particularly Iran attacks. The market remains volatile due to geopolitical uncertainties.

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CNBC

Oil slides as traders assess Middle East developments with Iran attacks keeping markets jittery

Oil prices declined on Tuesday, retreating from sharp gains in the previous session.

2026-05-05 00:37 UTC