Topic

energy-markets

2 stories on energy-markets, across Business.

Oil refinery#Anacortes Refinery (Tesoro Corporation), on the north end of March Point; Mount Baker (10,781 feet, 3286 meters); 2006 refinery capacity, 115,000 barrels per day; 917 acres, 350 employees

Oil Prices Drop 20% From 2026 Peak Amid U.S.-Iran Ceasefire Optimism

Brent crude prices have retreated sharply following reports that the U.S. and Iran have mostly agreed to a 60-day memorandum of understanding to pause hostilities.

May 29, 2026

oil pump jack silhouette against red sunset

Business

Oil Prices Drop Sharply on Reports of U.S.-Iran Peace Deal

Crude oil futures fell after U.S. officials indicated an agreement in principle to end the conflict with Iran and reopen the Strait of Hormuz.

May 25, 2026

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