News · 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.
Reported by BBC · How we write briefs
