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MarketWatchMay 29, 2026
Oil prices tumble nearly 20% in May — the biggest monthly drop since 2020. Here's what's next.
Global oil prices tumbled over 20% in May on hopes for the U.S.-Iran peace deal.

CNBC FinanceMay 29, 2026
Fed Governor Michelle Bowman warns against hiking interest rates because of inflation spike
Bowman said reacting to the inflation surge, driven primarily by energy prices and tariffs, has proven ineffective.

RELATED ARTICLES
How the ‘double scar' of past inflation woes and geopolitical shocks amid the Iran war is hitting consumers (CNBC Economy)

NPR Topics: BusinessMay 29, 2026
Here's how we're coping with high gas prices, according to Costco and Walmart
Sky-high gas prices have drivers going out of their way for discounts at the pump. Oil executives warn that even higher prices might be on the horizon.

NYTimes BusinessMay 29, 2026
Oil Prices Fall as U.S. and Iran Edge Closer to Agreement
Oil prices and stock markets fluctuated as investors assessed tentative signs of a pact to extend a cease-fire.

FT.com - Hedge FundsMay 29, 2026
Citadel Securities posts record $4.3bn in trading revenues on Iran volatility
Market maker earns $1.9bn in first-quarter net income as oil prices and Treasury rates seesawed

MarketWatchMay 28, 2026
The Iran war costs more than you think — it boosts inflation and threatens stocks
Pentagon's ‘fuzzy math' impacts prices and your portfolio.

CNBC EconomyMay 28, 2026
Energy inflation has been more persistent than expected, Fed's Goolsbee tells CNBC
While oil prices have recently fallen on news that a peace deal between the U.S. and Iran could come, prices are still significantly higher than before the war.
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