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Oil prices plunge 6pc on Middle East peace talks

Dawn 21 May 2026 5h ago
Oil prices plunge 6pc on Middle East peace talks
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Relevance
9/25
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25/25
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10/20
Brand Signal
18/15
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6/15
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NEW YORK: Oil prices fell about six per cent on Wednesday after US President Donald Trump said negotiations with Iran were in the final stages, though investors remain wary of the outcome of peace talks as disruptions to Middle Eastern supply persist. Brent crude futures fell $6.64, or 5.97pc, to $104.64 a barrel by 1745 GMT and US West Texas Intermediate futures were down $6.49, or 6.23pc, at $97
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