ALBAWABA- Global oil prices fell sharply on May 25–26, 2026, after U.S. President Donald Trump signaled that a comprehensive agreement with Iran could be announced soon, easing concerns over supply disruptions in the Strait of Hormuz. Brent crude, the global benchmark, dropped more than 4.5%–5%, sliding below $100 per barrel to around $95–$98. West Texas Intermediate (WTI) also declined, trading near $91–$93 per barrel, marking one of the steepest single-day ...