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Oil Prices Fall Amid Optimism for US-Iran Deal on Strait of Hormuz

Oil prices dropped significantly as markets reacted to President Trump's optimistic statements about ongoing, constructive talks with Iran, suggesting a potential deal to reopen the Strait of Hormuz. Despite Trump's remarks, Iran has remained silent on the progress, and the US blockade remains in place.

24 May, 04:05 — 24 May, 23:16
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The Story

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Source Diversity

Excellent (92/100)
31 sources33/33
Spectrum spread4/5 buckets covered25/33
Far L3
Far Left (3)
NYTThe IndependentCNN
Left11
Left (11)
cnbcjapan-timesPremium Timesdaily-star-lebanonNPRiefimeridapublicoAl Jazeera+3 more
Center11
Center (11)
SCMPbloombergmyjoyonlineklix-banaharnetkuwait-timesforbesAP+3 more
Right6
Right (6)
seeking-alphala-vanguardiajerusalem-postchannel-news-asiahindustan-timesfaz
Far R
Geographic diversity21 regions34/34
US9Japan2Lebanon2Hong Kong1Spain1Ghana1Nigeria1UK1Bosnia1Greece1Portugal1Qatar1Israel1Montenegro1Singapore1Kuwait1Pakistan1India1Germany1Kenya1Intl1

Sources

Showing 24 of 31 sources
APVery High4h ago

Republicans who have drawn a hard line on Iran pan Trump's emerging proposal to end the war - AP News

Republicans who have drawn a hard line on Iran pan Trump's emerging proposal to end the war  AP News

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ReutersVery High10h ago

Netanyahu told Trump Israel will remain free to act against threats, Israeli source says - Reuters

Netanyahu told Trump Israel will remain free to act against threats, Israeli source says  Reuters

Read full article →
NYTMostly Factual1h ago

What to Know About the Citizenship Lists Trump Wants to Create

President Trump is trying to create individual lists of citizens by state to determine who can vote, even as his administration acknowledges they would be unreliable.

By Adam Sella

Read full article →
NPRHigh2h ago

Trump says a deal to end war with Iran is near, but many questions remain

U.S. and Iran are nearing a tentative deal to end the conflict, reopen the Strait of Hormuz, and curb Tehran's uranium stockpile — though major details remain unresolved.

By Jane Arraf

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Al JazeeraMostly Factual3h ago

‘Trump needs a deal, no matter how bad it is’

Harlan Ullman argues that US President Donald Trump is chasing any Iran deal to relieve mounting pressure at home.

Read full article →
CNNMostly Factual5h ago

Analysis: Republican hawks seem to fear a Trump cut and run from Iran - CNN

Analysis: Republican hawks seem to fear a Trump cut and run from Iran  CNN

Read full article →
cnbcMostly Factual1h ago

Oil prices fall more than 4% after Trump says Iran talks proceeding in a 'constructive manner'

Trump had said an agreement with Iran to open the Strait of Hormuz, among other issues, was largely negotiated and would be announced soon.

Read full article →
SCMPMostly Factual32m ago

Crude oil drops as US inches towards Iran deal to reopen Strait of Hormuz

Oil dropped at the week’s open as the US and Iran edged towards a deal, although US President Donald Trump said Washington’s blockade of the Strait of Hormuz would remain until an agreement was completed. Global crude benchmark Brent fell as much as 4.2 per cent to US$99.16 a barrel, after declining more than 5 per cent last week, while West Texas Intermediate was near US$92. Trump said in social-media posts he would not “rush” into a deal, which “isn’t even fully negotiated yet”. Any final...

By Bloomberg

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The IndependentMostly Factual2h ago

Republican lawmaker says Hegseth ‘makes Kristi Noem seem like a 5-star recruit’ in blistering takedown

Tillis, a now frequent critic of President Donald Trump, is set to retire at the end of his current term

By Isabel Keane

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forbes4h ago

Trump Defends Potential Iran Deal After Fiery Republican Backlash - Forbes

Trump Defends Potential Iran Deal After Fiery Republican Backlash  Forbes

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YahooMostly Factual4h ago

Memorial Day gas prices are the highest in years as Trump says he's close to a deal with Iran

Read full article →
hindustan-timesMostly Factual6h ago

Iran to 'perhaps' join Abraham Accords: Trump hints at a new order in West Asia

This is also not the US President's first time hinting at Iran's possible inclusion in the Abraham Accords.

Read full article →
japan-timesMostly Factual1h ago

Trump says there is no rush for Iran deal, U.S. blockade stays

The two sides remain at odds on several issues, including Iran's nuclear ambitions, Israel's war in Lebanon and Tehran's demands for the lifting of sanctions.

Read full article →
jerusalem-postMostly Factual3h ago

Trump's agreement weakens Iran, but doesn’t end its threat - analysis

How should the deal be judged? One useful way is to measure it against the objectives Trump and Netanyahu themselves laid out when they launched the attack on February 28.

Read full article →
mainichi-englishMostly Factual19h ago

Trump says a deal with Iran and opening of Strait of Hormuz are 'largely negotiated' - 毎日新聞

Trump says a deal with Iran and opening of Strait of Hormuz are 'largely negotiated'  毎日新聞

Read full article →
channel-news-asiaMostly Factual4h ago

Netanyahu says Trump agrees Iran deal must remove nuclear threat

Posting on Telegram, Netanyahu said this would require dismantling Iran's nuclear enrichment facilities and removing enriched nuclear material from its territory.

Read full article →
seeking-alphaMixed1h ago

Oil slides, stocks rise as markets bet on Hormuz breakthrough

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express-tribuneMostly Factual6h ago

Trump slows push for Iran deal

US president says blockade on Iran will remain until agreement is signed

By agencies

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Premium TimesMostly Factual1h ago

Kayode Aare presents letter of credence to Trump, assumes duty as Nigeria’s envoy to US

With this presentation, Mr Aare, a former director-general of the State Security Service, has officially assumed duty as Nigeria’s chief envoy to the country. The post Kayode Aare presents letter of credence to Trump, assumes duty as Nigeria’s envoy to US appeared first on Premium Times Nigeria.

By Beloved John

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daily-star-lebanonMixed2h ago

Trump: Iran Agreement Near, Strait of Hormuz Reopening Closer - The Daily Star Lebanon

Trump: Iran Agreement Near, Strait of Hormuz Reopening Closer  The Daily Star Lebanon

Read full article →
star-kenyaMixed8h ago

Trump says US will not "rush into a deal" with Iran - the-star.co.ke

Trump says US will not "rush into a deal" with Iran  the-star.co.ke

Read full article →
myjoyonlineMixed1h ago

Trump tells US negotiators ‘not to rush’ into deal with Iran

US President Donald Trump says he has instructed negotiators "not to rush into a deal" with Iran, after reports suggested an agreement was close.

By Abubakar Ibrahim

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naharnetMixed4h ago

Netanyahu says Trump agrees Israel has right to confront threats 'including in Lebanon' - Naharnet

Netanyahu says Trump agrees Israel has right to confront threats 'including in Lebanon'  Naharnet

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kuwait-timesMixed4h ago

Trump tempers expectations of deal with Iran - Kuwait Times

Trump tempers expectations of deal with Iran  Kuwait Times

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Coverage Timeline

First report: mainichi-english · 24 May, 04:05Full coverage: 31 · 19hWindow: 19h
Left-leaningCenterRight-leaning
mainichi-english24 May, 04:05First to report

Trump says a deal with Iran and opening of Strait of Hormuz are 'largely negotiated' - 毎日新聞

9h later
Reuters24 May, 13:23

Netanyahu told Trump Israel will remain free to act against threats, Israeli source says - Reuters

2h later
star-kenya24 May, 15:20

Trump says US will not "rush into a deal" with Iran - the-star.co.ke

faz24 May, 16:00

Trumps Siegesrhetorik: Er gewährt sich ein Ohr

hindustan-times24 May, 16:48

Iran to 'perhaps' join Abraham Accords: Trump hints at a new order in West Asia

express-tribune24 May, 17:02

Trump slows push for Iran deal

1h later
CNN24 May, 18:11

Analysis: Republican hawks seem to fear a Trump cut and run from Iran - CNN

AP24 May, 18:59

Republicans who have drawn a hard line on Iran pan Trump's emerging proposal to end the war - AP News

forbes24 May, 19:01

Trump Defends Potential Iran Deal After Fiery Republican Backlash - Forbes

kuwait-times24 May, 19:02

Trump tempers expectations of deal with Iran - Kuwait Times

Yahoo24 May, 19:30

Memorial Day gas prices are the highest in years as Trump says he's close to a deal with Iran

channel-news-asia24 May, 19:33

Netanyahu says Trump agrees Iran deal must remove nuclear threat

naharnet24 May, 19:38

Netanyahu says Trump agrees Israel has right to confront threats 'including in Lebanon' - Naharnet

vijesti-me24 May, 19:51

Šta sadrži sporazum koji bi mogao okončati sukob SAD i Irana:...

jerusalem-post24 May, 20:06

Trump's agreement weakens Iran, but doesn’t end its threat - analysis

Al Jazeera24 May, 20:25

‘Trump needs a deal, no matter how bad it is’

publico24 May, 20:32

Trump agora, Trump depois, Trump outra vez

iefimerida24 May, 20:52

Κι άλλη ανάρτηση από τον Τραμπ: «Αν συνάψω συμφωνία με το Ιράν, θα είναι καλή -Εγώ δεν κλείνω κακές συμφωνίες»

NPR24 May, 21:06

Trump says a deal to end war with Iran is near, but many questions remain

klix-ba24 May, 21:16

Hoće li Teheran progurati svoj plan? Iran i Oman pregovaraju o plovidbi kroz Hormuški moreuz

daily-star-lebanon24 May, 21:37

Trump: Iran Agreement Near, Strait of Hormuz Reopening Closer - The Daily Star Lebanon

The Independent24 May, 21:37

Republican lawmaker says Hegseth ‘makes Kristi Noem seem like a 5-star recruit’ in blistering takedown

Premium Times24 May, 21:48

Kayode Aare presents letter of credence to Trump, assumes duty as Nigeria’s envoy to US

myjoyonline24 May, 21:58

Trump tells US negotiators ‘not to rush’ into deal with Iran

NYT24 May, 22:02

What to Know About the Citizenship Lists Trump Wants to Create

bloomberg24 May, 22:07

Oil, Dollar Slide on Optimism Over US-Iran Deal: Markets Wrap - Bloomberg.com

japan-times24 May, 22:12

Trump says there is no rush for Iran deal, U.S. blockade stays

la-vanguardia24 May, 22:14

Irán responde con silencio al optimismo de Trump sobre un pacto

seeking-alpha24 May, 22:41

Oil slides, stocks rise as markets bet on Hormuz breakthrough

cnbc24 May, 22:47

Oil prices fall more than 4% after Trump says Iran talks proceeding in a 'constructive manner'

SCMP24 May, 23:16Latest update

Crude oil drops as US inches towards Iran deal to reopen Strait of Hormuz