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Financial Markets
About Financial Markets global trade information, exclusive product market analysis, hot news and reports.
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07 May 2026
U.S.-Iran Deal Nears End to Conflict, Oil Prices Drop on Report
The U.S. and Iran are reportedly close to a 14-point peace memorandum that could end the conflict, ease sanctions, and resume nuclear talks, triggering a sharp drop in global oil prices.
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07 May 2026
Oil Prices Drop on US-Iran Peace Talk Optimism, Supply Relief
Global oil prices fell sharply as optimism over US–Iran peace talks eased Middle East supply risks, with WTI and Brent dropping to two-week lows despite continued US inventory draws.
