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

The U.S. appears close to reaching an agreement that would end the war with Iran and reopen the strategic Strait of Hormuz, according to reports Sunday, sending oil prices sharply lower.

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

The U.S. appears close to reaching an agreement that would end the war with Iran and reopen the strategic Strait of Hormuz, according to reports Sunday, sending oil prices sharply lower.

Geopolitics MarketWatch May 24, 2026

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