
May 31, 2026
✦Financial Express
Google Trends: Oil prices may tumble to $70 amid Iran-US deal optimism
Oil prices might drop to $70 if Iran and the US reach a deal, bringing relief to India. Brent crude already fell 20% in May. Experts say, "If the strait genuinely reopens and tanker movement begins to normalise, we would expect Brent to correct meaningfully lower."