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Oil Steadies as US Sees Progress in Iran Deal Despite Tensions

Bloomberg Markets · May 26, 2026, 10:01 PM · Also reported by 4 other sources

Oil was little changed in early Asian trading, as the US touted progress toward a peace deal with Iran despite fresh hostilities and uncertainty over the vital Strait of Hormuz.

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NY Times Deal or No Deal With Iran The Atlantic The Iran Deal Is in the Hands of a Terrible Negotiator Al Jazeera Did Trump oversell a broken Iran ceasefire deal? The Hill U.S.-Iran tensions rise, putting peace talks at risk

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Oil Steadies as US Sees Progress in Iran Deal Despite Tensions

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