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Searching for 'Oil end'. (Return)

CNBC World News

May 06, 2026

Oil prices plunge on report U.S. and Iran closing in on a deal to end war; Brent falls below $100

Oil prices fell sharply after Axios reported that the U.S. and Iran were closing in on an agreement to bring an end to the conflict.

Oil prices drop after reports of deal to end Iran war (BBC Front Page)

MSNBC Int'l News

May 06, 2026

Price of oil plunges and markets surge on report U.S. and Iran near deal to end war

The price of oil plunged and markets surged early Wednesday after a new report that the U.S. believed it was nearing a deal to end the war with Iran and eventually reopen the Strait of Hormuz.

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