Business

Oil Prices Fluctuate Amid U.S.-Iran Tensions

Updated 2026-05-26 00:50 UTC 1 source Neutral

Oil prices fluctuated as the U.S. military strikes against Iran raised concerns about Middle East stability, while South Korea's Kospi hit a record high amid hopes for improved relations between the U.S. and Iran.

Coverage timeline — 2 articles
CNBC
Asia-Pacific markets were set to open broadly higher Tuesday, amid hopes for a breakthrough in the U.S.-Iran peace negotiations.
2026-05-26 00:32 UTC
CNBC
Donald Trump also said negotiations with Iran were "proceeding nicely," but cautioned that the U.S. could resume military action if discussions were to collapse.
2026-05-26 00:43 UTC
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