May 2026

Oil Prices Slip as Markets Weigh Iran Talks and Regional Tensions

Gaza city: Oil prices fell on Wednesday after a sharp rally in the previous session, as traders monitored developments in US-Iran negotiations amid renewed geopolitical tensions in the Middle East: Brent crude futures dropped by $1.42, or 1.43%, to $9…

Brent Crude Futures Rise About 4 Percent at Settlement

London: Brent crude futures jumped about 4 percent at settlement on Tuesday, as markets awaited developments on efforts to end the conflict in the Middle East.

According to Qatar News Agency, Brent rose $3.44, or 3.6 percent, to $99.58 a barrel. Mea…