{"id":73978,"date":"2026-05-29T09:20:40","date_gmt":"2026-05-29T09:20:40","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2026\/05\/29\/oil-headed-for-monthly-loss-on-us-iran-peace-deal-hopes\/"},"modified":"2026-05-29T09:20:40","modified_gmt":"2026-05-29T09:20:40","slug":"oil-headed-for-monthly-loss-on-us-iran-peace-deal-hopes","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2026\/05\/29\/oil-headed-for-monthly-loss-on-us-iran-peace-deal-hopes\/","title":{"rendered":"Oil Headed For Monthly Loss On US-Iran Peace Deal Hopes"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> Oil prices fell sharply on Friday to hit a one-month low and were on track for a sharp monthly loss as signs of easing U.S.-Iran tensions raised hopes of smoother oil flows through the Strait of Hormuz.<\/p>\n<p class=\"fade-paragraph\">Brent crude futures fell below $92 a barrel and were down nearly 19 percent so far in May, marking their biggest monthly decline since 2020. WTI crude futures traded below $88 a barrel and were down more than 9 percent so far this week. <\/p>\n<div class=\"paywall-wrapper\">\n<p><i class=\"bi bi-lock-fill\"\/> Subscribe to continue reading the article.<\/p>\n<p>This article is part of our premium content offering.Subscribe with a RTTNews subscription.<\/p>\n<p>Subscribe Now<\/p><\/div>\n<\/div><\/div>\n<p><script type=\"text\/javascript\">\n        window.fbAsyncInit = function () {\n            FB.init({\n                status: true,\n                cookie: true,\n                xfbml: true\n            });\n        };\n        (function (d) {\n            var js, id = 'facebook-jssdk'; if (d.getElementById(id)) { return; }\n            js = d.createElement('script'); js.id = id; js.async = true;\n            js.src = \"https:\/\/connect.facebook.net\/en_US\/all.js\";\n            d.getElementsByTagName('head')[0].appendChild(js);\n        }(document));\n    <\/script><br \/>\n<br \/>\n<br \/>Oil Headed For Monthly Loss On US-Iran Peace Deal Hopes<\/a><br \/>\n<br \/>2026-05-29 09:20:40<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices fell sharply on Friday to hit a one-month low and were on track for a sharp monthly loss as signs of easing U.S.-Iran tensions raised hopes of smoother&#8230;<\/p>\n","protected":false},"author":2,"featured_media":73979,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[28],"tags":[],"class_list":["post-73978","post","type-post","status-publish","format-standard","has-post-thumbnail","category-us-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/73978","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/comments?post=73978"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/73978\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/73979"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=73978"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=73978"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=73978"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}