NASDAQ:HTLM

Stock Market Today

  • Oil Prices Drop Over 3% Amid US-Iran Talks and Middle East Tensions
    May 27, 2026, 9:58 PM EDT. Oil prices fell sharply on Wednesday, with Brent crude down 3.12% to $96.47 a barrel and U.S. West Texas Intermediate (WTI) crude dropping 3.88% to $90.25. Traders reacted to mixed signals from U.S.-Iran peace talks and renewed hostilities, including U.S. strikes near the Strait of Hormuz and increased Israeli bombings in Lebanon. Despite recent U.S. strikes dampening hopes for a swift deal, market confidence remains, buoyed by news of liquefied natural gas (LNG) tankers passing through the strategically vital Strait of Hormuz. The waterway's reopening is crucial as it handles significant global oil and gas flows, influencing supply expectations.