Bloomberg Television
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Oil Briefly drops below $100 on signs US-Iran war is closer to ending
Posted
May 6, 2026
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3,276
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May 6, 2026
3,276
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1:32Now PlayingOil briefly dips below $100 as markets react to renewed hopes of a US, Iran deal. Bloomberg's Mia Gindis breaks down why traders may be overreacting, how thin market participation is distorting prices, and why even a diplomatic breakthrough will not fix supply overnight.
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