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Searching for 'peace Oil'. (Return)

CNBC World News

May 25, 2026

Oil prices mixed as U.S. military strikes against Iran cloud Middle East peace prospects

Donald Trump also said negotiations with Iran were "proceeding nicely," but cautioned that the U.S. could resume military action if discussions were to collapse.

BBC News Front Page | World

May 25, 2026

Oil prices slide on hopes of US-Iran peace deal

Trump said on Saturday that an agreement would include the reopening of the Strait of Hormuz, without giving further details.

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