E-Paper | May 25, 2026

Oil prices fall over 5pc on hopes for Iran deal

Published May 25, 2026 Updated May 25, 2026 07:02am
comments
Whatsapp Channel
Add Dawn as a trusted source
Google Preferred Source

Oil prices plunged over five per cent and Asian markets ticked up early on hopes of a deal to end to the US-Iran war despite President Donald Trump downplaying its imminence, AFP reports.

As of around 2300 GMT on Sunday, the price of North Sea Brent crude slipped 5.1pc to $98.22 per barrel, while West Texas Intermediate fell 5.2pc to $91.57 a barrel before recovering slightly.

Our readers are at the heart of everything we do.
Do you have a thought to share or a way we can improve? We’d love to hear it. Reach out to us at feedback@dawn.com.
Iran Israel War

Read more

Comments
500 characters
COMMENT MOD POLICY

Most Popular

01
02
03
04
05
06
07
08
09

Latest Stories

Opinion

Editorial

In chains
Updated 25 May, 2026

In chains

THE question should never be about who is at the receiving end at any given point in time: an assault on an...
Climate shocks
25 May, 2026

Climate shocks

THE latest State Bank report documenting recurring climatic disasters in Pakistan during the period between 2000 and...
Justice deferred
25 May, 2026

Justice deferred

PAKISTAN’S courts are quick to remind the public that justice takes time. Increasingly, however, it is the conduct...
Some progress
Updated 24 May, 2026

Some progress

Pakistan deserves credit for helping preserve diplomatic space, but also must avoid appearing aligned with coercive pressure from any side.
Chinese market
24 May, 2026

Chinese market

PRIME Minister Shehbaz Sharif’s trip to China presents an opportunity to rebalance Pakistan’s economic...
Harvesting humans
24 May, 2026

Harvesting humans

ORGAN brokers have for too long preyed on desperation to rake it in. The odious trade — among the most harmful...
Dawn News English Podcasts
Subscribe