Oil prices tumble, stocks rally on Mideast peace hopes

Israel

Oil prices fell and global stocks rose as US President Donald Trump said, “we’ve had very good talks over the last 24 hours, and it’s very possible that we’ll make a deal,” referring to negotiations over the Iran conflict. NEW YORK: World oil prices dived Wednesday (May 6) and stock markets rallied on fresh hopes for an end to the Iran war. US President Donald Trump said he believed a deal with Iran was "very possible", but threatened to resume his bombardment of the country if negotiations

Tag-uri: Donald Trump

Oil prices tumble, stocks rally on Mideast peace hopes https://www.channelnewsasia.com - 07.05.2026 01:52
Oil prices tumble, stocks rally on Mideast peace hopes https://www.channelnewsasia.com/ - 07.05.2026 01:18

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Oil prices tumble, stocks rally on Mideast peace hopes https://www.channelnewsasia.com - 07.05.2026 01:52
Oil prices tumble, stocks rally on Mideast peace hopes https://www.channelnewsasia.com/ - 07.05.2026 01:18