Oil prices fall a second day as Trump indicates possible Iran peace deal
- Posted on May 6, 2026
- By Business News Today
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- 1 min read
Oil prices fall a second day as Trump indicates possible Iran peace deal
Brent crude futures for July fell $1.52, or 1.38%, to $108.35 per barrel as of 0103 GMT, after dropping 4% in the previous session. U.S. benchmark West Texas Intermediate futures for June declined $1.50, or 1.47%, to $100.77, after closing down 3.9% the day before.
