Strong losses of 9% were recorded by oil prices<\/a><\/b><\/b> on Wednesday, as expectations of an imminent agreement between United States and Iran<\/b> that could lead to a de-escalation<\/b> of the conflict.<\/p>\n
The Brent<\/strong> contract for July delivery fell 8.3 percent to $100.7 a barrel, while US crude WTI<\/strong> fell 9.2 percent to $93 a barrel.<\/p>\n According to Axios, U.S. officials believe a preliminary agreement may be reached soon, setting the stage for broader negotiations around Iran’s nuclear program.<\/p>\n The Axios argues that the agreement<\/b> would include:<\/p>\n -Iran’s commitment to a moratorium on nuclear enrichment<\/strong>, Exclusive: U.S. and Iran closing in on one-page memo to end war, officials say https:\/\/t.co\/96m1QMAa3o<\/p>\n – Axios (@axios) May 6, 2026<\/p><\/blockquote>\n U.S. President Donald Trump<\/strong> also announced the temporary suspension of Operation Project Freedom, which was aimed at escorting commercial ships to the Seaway of Hormuz,<\/b> citing progress in the talks.<\/p>\n The US administration said that about 23,000 sailors from 87 countries remain stranded<\/b>in the Persian Gulf because of the disruption to maritime transport.<\/p>\n This development underscores the breadth of the crisis’s<\/b> impact on the global supply chain and energy flows.<\/p>\n Despite the improving climate, high energy costs<\/b> have already begun to constrain demand internationally.<\/p>\n Analysts estimate that even in the event of a reopening<\/b> of the Hormuz Strait<\/b>, a full restoration of shipping and trade flows will take several weeks,<\/strong> keeping uncertainty in markets.<\/p>\n","protected":false},"excerpt":{"rendered":" Strong losses of up to 9% were recorded in oil prices on Wednesday, as expectations for …<\/p>\n","protected":false},"author":1,"featured_media":4262,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4],"tags":[],"class_list":["post-4261","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-world"],"acf":[],"_links":{"self":[{"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=\/wp\/v2\/posts\/4261","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4261"}],"version-history":[{"count":0,"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=\/wp\/v2\/posts\/4261\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=\/wp\/v2\/media\/4262"}],"wp:attachment":[{"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4261"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4261"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4261"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
-the US agreement to lift its sanctions<\/strong> and release billions in “frozen” Iranian funds,
-the lifting of restrictions on transit through the Strait of Hormuz<\/strong><\/p>\n\n