U.S. Crude Oil Prices Drop Below $100 per Barrel Amid Trump's Comments on Iran Talks

U.S. crude oil prices fell more than 4% after President Donald Trump indicated that negotiations with Iran are in the final stages, reducing concerns over potential military conflict and easing pressure on global energy markets.

By Spencer Kimball · CNBC · May 20, 2026, 16:10 UTC

Topics: crude oil futures oil prices U.S.-Iran relations

Read the full article at CNBC

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