May 6, 2026

Oil Prices Fall 2nd Day Amid Possible US-Iran Peace Deal

Muscat: Oil prices today fell for a second day on expectations bottled up supply from the key Middle East producing region could resume flowing after the US indicated a possible peace deal may be reached to end the war with

Dollar Falls as US-Iran Deal Hopes Grow

Muscat: The dollar retreated against most major currencies today after the US signaled it may be nearing a deal with Iran: The euro stood at $1.1714 and sterling traded at $1.35685, both up roughly 0.2% so far on the day.

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