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Coverage dated May 23, 2026 to May 24, 2026

Oil Plummets Below $100 As Rubio Says Iran Deal Could Happen ‘Maybe Today’

Headline from Forbes

The Secretary of State, however, warned that the U.S. will “deal with it another way” if diplomatic means to end the conflict fail.

Forbes's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

Earlier updates in this story

Read the reports

Reports & sources

7 articles, oldest first.

  1. Fortune

    Oil drops as U.S. says deal with Iran and Hormuz reopening is near (opens Fortune)

    Published

    Fortune's feed description

    Global crude benchmark Brent fell as much as 5.2% to $98.12 a barrel, while West Texas Intermediate was near $92.

  2. Forbes

    Oil Plummets Below $100 As Rubio Says Iran Deal Could Happen ‘Maybe Today’ (opens Forbes)

    Published

    Forbes's feed description

    The Secretary of State, however, warned that the U.S. will “deal with it another way” if diplomatic means to end the conflict fail.

  3. Oil Price

    Oil Prices Plunge Below $100 on Iran Deal Optimism (opens Oil Price)

    Published

    Oil Price's feed description

    Oil prices fell sharply as traders priced in growing hopes that a U.S.-Iran deal could reopen the Strait of Hormuz and ease the global supply shock.

  4. The Guardian

    Oil prices fall below $100 a barrel on hopes of Iran peace deal (opens The Guardian)

    Published

    The Guardian's feed description

    Brent crude futures down 6% to lowest level in two weeks and stock markets rise

  5. Oil Price

    Oil Prices Fall 6% as U.S.-Iran Peace Talks Gain Ground (opens Oil Price)

    Published

    Oil Price's feed description

    Oil prices fell over 6% Monday as U.S.-Iran diplomatic progress eased supply fears, pulling Brent below $100/bbl for the first time in three weeks.

  6. Digital Journal

    Oil plunges below $100 on hopes of US-Iran Hormuz deal (opens Digital Journal)

    Published

    Digital Journal's feed description

    Oil prices dropped back below $100 a barrel and stock markets rallied on expectations of a reopening of the Strait of Hormuz.

  7. Al Jazeera

    Oil prices fall amid mixed signals on US-Iran peace deal (opens Al Jazeera)

    Published

    Al Jazeera's feed description

    Japan’s stock market surges to record high on hopes of an end to US-Israel war on Iran.

Oil Plummets Below $100 As Rubio Says Iran Deal Could Happen ‘Maybe Today’ | Since Then