Oil prices dip amid optimism over potential US-Iran deal
West Texas Intermediate crude futures, the benchmark for North American markets, dipped by more than 6.1 percent to $90.68 as of early Monday. Brent crude futures, the global benchmark, dropped by 6.1 percent to $97.22. That translated to a slight decrease at the pump in the U.S.
- ▪West Texas Intermediate crude futures, the benchmark for North American markets, dipped by more than 6.1 percent to $90.68 as of early Monday.
- ▪Brent crude futures, the global benchmark, dropped by 6.1 percent to $97.22.
- ▪That translated to a slight decrease at the pump in the U.S.
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Energy & Environment Oil prices dip amid optimism over potential US-Iran deal Comments: by Max Rego - 05/25/26 8:22 AM ET Comments: Link copied by Max Rego - 05/25/26 8:22 AM ET Comments: Link copied NOW PLAYING Oil prices decreased early Monday amid negotiations between the Trump administration and Iran on reopening the Strait of Hormuz and ending the Middle East conflict. West Texas Intermediate crude futures, the benchmark for North American markets, dipped by more than 6.1 percent to $90.68 as of early Monday. Brent crude futures, the global benchmark, dropped by 6.1 percent to $97.22. That translated to a slight decrease at the pump in the U.S.
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