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Home > Business > Oil settles 5% lower as investors await updates on US-Iran peace deal talks

Oil settles 5% lower as investors await updates on US-Iran peace deal talks

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Last Updated: May 28, 2026 03:20:30 IST

By Arathy Somasekhar LONDON, May 27 (Reuters) – Oil prices fell 5% to their lowest level in over a month on Wednesday as investors awaited updates on a framework of a U.S.-Iran deal to end their

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

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