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Brent Crude Tumbles Below $99 as Trump Signals US-Iran Deal, Bitcoin Holds Near $77K

By Jamie Redman | 2026-05-25 00:33:17 | 4 months ago

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Oil markets slid over the Memorial Day weekend as President Trump said a deal to reopen the Strait of Hormuz is “largely negotiated,” pulling Brent crude below $99 while bitcoin held near $77,000 with U.S.

stock exchanges shuttered for the holiday.

Trump Signals U.S.-Iran Deal Pushes Brent Crude Below $99 as WTI Eyes $80s Brent

keywords : Market Updates|Bitcoin (BTC)|Donald Trump|Iran|markets and prices|OIL|United States US

sentiment : NEUTRAL

category data : BTC | BUSINESS | COMMODITY | MACROECONOMICS | CRYPTOCURRENCY