Live News COMMODITY H impact May 29, 2026, 01:31 PM UTC

Oil falls 2% on US-Iran deal hopes

Oil prices decline as market anticipates potential US-Iran ceasefire agreement, easing supply concerns. This may impact energy stocks and commodities.

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SQUAWKNEWS Updated May 29, 2026, 01:34 PM UTC

Oil prices decline as market anticipates potential US-Iran ceasefire agreement, easing supply concerns.

This may impact energy stocks and commodities.