General · 25 May 2026

Brent crude falls 5.5% on Iran deal hopes

Consumers could see energy costs decrease as oil prices dropped sharply. This took place once United States President Donald Trump announced on Saturday that a deal was mostly complete, though he subsequently urged against haste. On Monday, global oil benchmark Brent fell 5.5% to $97.90, with US crude also dropping 5.8% to $90.99.

By BriefTea Editorial · 25 May 2026 at 4:44

Reported by BBC · How we write briefs

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