Oil rebounds amid U.S.-Iran talks, WTI $96.15, Brent $102.15
NewsBytes | May 7, 2026 10:39 AM CST
Iran reviewing US proposal, Trump hopeful
Even with some progress, big issues are still on the table, like the US wanting Iran to pause its nuclear program and keep oil moving through the Strait of Hormuz.
An Iranian spokesperson said they are reviewing a US proposal now, while President Trump sounded hopeful that Iran might actually want a deal this time around.
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