Oil prices fell sharply on Tuesday after U.S. President Donald Trump said “serious negotiations” are underway to end the war with Iran. Brent crude futures for July delivery were down 1.6 percent at $110.30 a barrel, while WTI crude futures fell a little more than 1 percent to $103.31.Investors pinned hopes for a U.S.-Iran ceasefire deal after Tehran reportedly sent a new peace proposal via Pakist…

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Market Analysis




Oil Prices Decline On Trump’s Iran Comments

2026-05-19 09:37:42

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