Business

Negotiations with Iran Proceed as Oil Prices Drop

Updated 2026-05-26 10:50 UTC 1 source Neutral

U.S. oil prices fell on Tuesday following President Donald Trump’s statement that negotiations with Iran were progressing well. The West Texas Intermediate’s July contract declined amid growing hopes for a potential peace deal.

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MarketWatch

U.S. oil prices decline as hopes grow for a peace deal arriving soon

The West Texas Intermediate’s July contract declined on Tuesday after President Donald Trump said negotiations with Iran were “proceeding nicely.”

2026-05-26 10:42 UTC