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Oil Steadies as the US and Iran Weigh Fresh Proposal to End War

Bloomberg Markets · May 6, 2026, 10:02 PM · Also reported by 4 other sources

Oil steadied after plunging 7% in the previous session, as the US and Iran weighed a fresh proposal to end the war in the Middle East.

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NY Times Iran Is Reviewing a U.S. Peace Proposal BBC World Iran considering US proposal to end war, official says ABC Australia Iran reviews US proposal as Trump says war could 'be at an end' The Hill What's in the US's 1-page proposal for Iran peace deal?

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Oil Steadies as the US and Iran Weigh Fresh Proposal to End War

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