Oil prices drop 5% after Trump says Iran talks are moving ahead — but Hormuz still a wildcard

2026-05-25 14:20 • ;Ariel Zilber
Crude remains dramatically elevated from prewar levels after surging more than 30% since US, Israel launched strikes against Iran in late February.
Read More Here: https://nypost.com/2026/05/25/business/oil-prices-drop-5-after-trump-says-iran-talks-are-moving-in-constructive-direction/