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strikeMay 6, 2026

Oil prices ease and markets rally as Trump works towards deal with Iran

Summary

Oil prices have eased and stock markets rallied as Donald Trump touted “great progress” towards a “final agreement” with Iran, while momentum in AI-driven trading accelerated.

Source: Guardian staff reporter — Read the full report

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  • Guardian staff reporterBy Guardian staff reporter

    Oil prices have eased and stock markets rallied as Donald Trump touted “great progress” towards a “final agreement” with Iran, while momentum in AI-driven trading accelerated. The US president said he would briefly pause his “Project Freedom” operation escorting ships through the…

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