Brent crude oil fell 4.3% to $96.96 per barrel on May 7, 2026, during volatile trading, as renewed hopes of a U.S.-Iran peace deal emerged, according to market analysts. The benchmark slipped $4.31 from its May 6 close, with intraday fluctuations of up to 4.6%, exchange data showed. Shipping giant Maersk warned that even if a peace agreement were reached soon, high energy costs would persist due to structural supply constraints. Market Details Brent crude futures traded in an unsettled session on May 7, with prices fluctuating as much as 4.6% from the previous day’s close, according to exchange data.…
Newswire
U.S. nears framework for Iran deal as Trump demands surrender of enriched uranium President Trump announced Iran has agreed not…
Oil Trader Nets Estimated $125 Million on Suspiciously Timed Bet Ahead of U.S.-Iran Deal Report Nearly 10,000 crude oil short…
Key Takeaways A Raleigh woman shot her ex-boyfriend in self-defense after he vandalized her car and fired shots at her…
Overview Israeli authorities on May 7 indicted Yona Schreiber, a 36-year-old Jewish man from the West Bank settlement of Peduel,…
WASHINGTON, DC — The Bureau of Alcohol, Tobacco, Firearms and Explosives has published a draft of a revised Form 4473,…
Features
The Latest
Mediterranean Diet Associated With Lower Mortality Risk in Older Adults, Study Finds A 20-year study of 642 adults aged 65…
US State Department warns diplomats against using insider information for Iran-related wagers State Department issues warning over geopolitical betting The…
A recent research review published in ScienceDirect examined turmeric’s effects on brain health, according to a report by registered dietitian…
Deleted tweets reveal Trump’s surgeon general pick previously criticized White House health policies Dr. Nicole Saphier, President Trump’s surgeon general…
A study reported by mindbodygreen and sourced from a peer-reviewed journal examined whether short-term dietary shifts could alter biological age…
U.S. Destroyers come under fire in Strait of Hormuz, but Trump reaffirms ceasefire agreement The fragile ceasefire between the United…