Oil prices fall over 5% on Middle East peace hopes
Foreign

Oil prices fall over 5% on Middle East peace hopes

Glow FM logo

Glow FM

Official Update

May 06, 2026 1 min read 0 views 0 shares
Oil prices fall over 5% on Middle East peace hopes
Oil prices plunged on Wednesday on. and Iran reaching a peace deal to end the Middle East war. International benchmark Brent North Sea crude dived 6. 2 percent to $103. 04 per barrel.

The main US contract West Texas Intermediate slid 6. 4 percent to $95. 68 per barrel. AFP

How do you feel about this article?

Share this story

Oyebade Oluwatobiloba

Oyebade Oluwatobiloba

Admin

Dedicated to bringing you the latest news and stories from Glow Media.

Comments (0)

Be the first to comment on this article!