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Oil prices tumble as deal to end Iran war appears close, though Trump says there’s no rush

Oil prices were sharply lower and stock futures surged after weekend reports that the U.S. appears close to reaching an agreement that would end the war with Iran and reopen the strategic Strait of Hormuz.

Oil prices tumble as deal to end Iran war appears close, though Trump says there’s no rush

Oil prices were sharply lower and stock futures surged after weekend reports that the U.S. appears close to reaching an agreement that would end the war with Iran and reopen the strategic Strait of Hormuz.

Geopolitics MarketWatch May 25, 2026

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