Commodities

Oil slides as US-Iran said to be closing in on one-page memo to end war

By Michele Maatouk

Date: Wednesday 06 May 2026

(Sharecast News) - Oil prices slid on Wednesday following a report the US and Iran are close to reaching a deal to end the war.
According to Axios, citing two US officials and two other sources briefed on the issue, the White House believes it's getting close to an agreement with...

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