General · 6 May 2026

Oil prices drop as US, Iran near deal

Global energy costs may ease as crude prices have fallen and stock markets across Europe and Asia have risen. Reports indicate the United States and Iran are nearing an agreement to end their conflict. Brent crude futures reached $97 a barrel, a notable change from over $108 earlier, and South Korea’s Kospi index rose 6.6%.

By BriefTea Editorial · 6 May 2026 at 14:19

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