Breaking News/May 29, 2026, 12:12 PM

Oil prices fall on hopes of Strait of Hormuz reopening - Financial Times

Oil prices fall on hopes of Strait of Hormuz reopening Financial Times Oil records its biggest one-month drop in six years, bringing consumers some relief NBC News Oil Continues Lower on Hopes for U.S.-Iran Agreement WSJ Oil prices on track for steepest monthly fall since 2020 The Guardian Oil drops 20% from 2026 peak on optimism over U.S.-Iran ceasefire talks CNBC

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