Article #38389

The Guardian - World News

The Guardian - World News

Title Oil prices on track for steepest monthly fall since 2020 Source The Guardian - World News
Description

Brent crude futures down 19% since end of April amid hopes of US-Iran peace deal, while stock markets rally

Oil prices are on track for their biggest monthly fall since 2020, as investors hoped for an end to the US-Israel war on Iran.

The price of Brent crude futures, the global benchmark, was down 1.3% on Friday at about $92 and 19% since the end of April.

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Link https://www.theguardian.com/business/2026/may/29/oil-price-drops-amid-hopes-of-us-iran-peace-deal Published At 2026-05-29 11:27:25 (2 months ago)
Created At 2026-05-29 11:30:25 Updated At 2026-05-29 13:20:23