Business

Brent Oil Price Drops as Market Hopes for US-Iran Deal

Updated 2026-05-29 20:35 UTC 1 source Negative

Oil prices fell sharply after President Trump indicated he would meet to discuss a potential deal with Iran, leading to the biggest monthly loss in six years.

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CNBC
Oil prices fell Friday after President Trump said he would meet in the White House Situation Room to make a final decision about a deal with Iran.
2026-05-29 20:13 UTC
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