Oil prices fall over 5% on hopes for Iran deal

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Source: The Manila Times
Published: 2026-05-25 10:40 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Middle East, Asia, Military & Defence, Iran, Energy, World News, US Politics, War & Conflict, Asia Pacific
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Snippet:
TOKYO, Japan — Oil prices plunged more than five percent in Asian early trading on Monday as hopes of a US-Iran deal to end the Middle East war rose despite comments from President Donald Trump downplaying its imminence.
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