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Oil plunges, markets surge on report U.S. and Iran are near deal to end war as gas prices jump past $4.50

The price of oil plunged and stocks surged after a new report said the U.S. believed it was nearing...

BUSINESS NEWS May 06, 2026

Oil plunges, markets surge on report U.S. and Iran are near deal to end war as gas prices jump past $4.50

The price of oil plunged and stocks surged after a new report said the U.S. believed it was nearing a deal to end the war with Iran.

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The price of oil plunged and stocks surged after a new report said the U.S. believed it was nearing a deal to end the war with Iran.

Author: NBC News

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