USOILCrude Oil (WTI)
92.09
-4.67%
SUPPORT:86.180.1
RESISTANCE:98.08104.08
Past
What happened
WTI cratered 4.67% to 92.09 — the biggest one-day drop in weeks — as Trump and Rubio confirmed progress on a Hormuz-reopening framework with Iran.
Why
Why it matters
The Iran war premium that pushed crude over 100 in May is unwinding in real time; if Hormuz actually reopens, fair value resets toward the mid-80s.
Watch
What to watch
90.00 round-number test today; if Rubio walks back the optimism in the next 24h, this is the kind of selloff that snaps back fast.
HEADLINES
- Oil prices are finally below $100: What it could mean for youYahoo Finance Video
- Oil prices volatile as US and Iran clash, complicating truce talksYahoo Finance
- Silver prices today, Tuesday, May 26: Silver prices remain steady after U.S. airstrikes on IranYahoo Personal Finance
- Asia stocks mixed over hopes of US-Iran deal, tech gainsAFP
- Dow Jones Futures Rise After S&P 500, Nasdaq Hit Highs; 5 AI Stocks In Buy AreasInvestor's Business Daily