Daily Archives: May 25, 2026

Oil Drops Under $100, Boosting European Markets Amid Iran Peace Prospects

Global oil prices took a significant dive on Monday, slipping below the $100 per barrel mark, as progress in negotiations between the United States and Iran sparked hopes for a potential peace deal. Brent crude, the international standard for oil pricing, fell by about 6%, landing at nearly $97 per barrel, its lowest in two weeks. This decline came as investors responded positively to...

Iran, US Advance in Talks Amid Trump’s Military Action Deliberation

Amid heightened tensions over potential American military actions, Iran and the United States have reported making some headway in their ongoing negotiations. Iranian officials have noted that the gap between the two nations has been reduced recently, with talks primarily concentrating on establishing a comprehensive ceasefire and diminishing regional tensions. Esmail Baghaei, spokesperson for Iran's Foreign Ministry, emphasized that the negotiations currently prioritize ending...
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