Extending the losses from yesterday's session, crude oil prices have gone into freefall on Wednesday as investor expectations on a potential U.S.-Iran agreement continue to rise despite the U.S. refusing to ease its demands.WTI Crude Oil for July month delivery was last seen trading down by $5.05 (or 5.38%) at $88.84 per barrel.The war between the U.S. and Iran entered day number 89 today. Iran sh...
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Market Analysis
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.