### [2026-05-25](/feed/2026/05/25/index.md)

##### Economic impact of the 2026 Iran war
# Oil prices decrease by 5% in Asia early trading amidst hopes of a Iran–U.S. ceasefire deal to end the war. 




### Sources:

1. [AFP via ABS-CBN News](https://www.abs-cbn.com/news/business/2026/5/25/oil-prices-fall-over-5-pct-on-hopes-for-iran-deal-0845)

### Changes:

1. Oil prices decrease by 5% in Asian early trading amidst hopes of a US-Iran ceasefire deal to end the war.  _2026-05-25 03:37:51 (First version)_
2. Oil prices decrease by 5% in Asia early trading amidst hopes of a US-Iran ceasefire deal to end the war.  _2026-05-25 05:38:05 (Update)_
2. Oil prices decrease by 5% in Asia early trading amidst hopes of a Iran–U.S. ceasefire deal to end the war.  _(Current version)_

### Related:

1. [Pakistani deputy prime minister and foreign minister Ishaq Dar meets with United States chargé d'affaires Natalie A. Baker in Islamabad to discuss efforts to secure a ceasefire and broader agreement between Iran and the U.S. to end the war. ](/feed/2026/05/11/pakistani-deputy-prime-minister-and-foreign-minister-ishaq-dar-meets-with-united-states-charge-d-affaires-natalie-a-bak.md) _Context: ceasefire, the war_
2. [In the U.S., Spirit Airlines ceases operations following a failed government bailout deal and oil price surges amidst the Iran war. ](/feed/2026/05/2/in-the-us-spirit-airlines-ceases-operations-following-a-failed-government-bailout-deal-and-oil-price-surges-amidst-th.md) _Context: Economic impact of the 2026 Iran war, the war_
3. [Nepal resumes issuing work permits for its nationals seeking employment in the Middle East after a temporary suspension linked to the Iran war, citing guidance from the foreign ministry and demand from workers. ](/feed/2026/04/21/nepal-resumes-issuing-work-permits-for-its-nationals-seeking-employment-in-the-middle-east-after-a-temporary-suspension.md) _Context: Economic impact of the 2026 Iran war, the war_
4. [Russian foreign minister Sergey Lavrov states that Russia can supply energy to China and other countries affected by disruptions in shipments through the Strait of Hormuz amid the Iran war. ](/feed/2026/04/15/russian-foreign-minister-sergey-lavrov-states-that-russia-can-supply-energy-to-china-and-other-countries-affected-by-dis.md) _Context: Economic impact of the 2026 Iran war, the war_
5. [Air China, China Southern Airlines, and its subsidiary XiamenAir increase fuel surcharges by ¥60–120 (US$8.70–17.50) on domestic flights in response to rising oil prices linked to the Iran war. ](/feed/2026/04/2/air-china-china-southern-airlines-and-its-subsidiary-xiamenair-increase-fuel-surcharges-by-y-60-120-us-870-1750-on.md) _Context: Economic impact of the 2026 Iran war, Oil prices_
6. [Bangladesh closes all universities by advancing the Eid al-Fitr holidays as part of emergency measures to reduce electricity consumption during an energy crisis linked to the Iran war. ](/feed/2026/03/9/bangladesh-closes-all-universities-by-advancing-the-eid-al-fitr-holidays-as-part-of-emergency-measures-to-reduce-electri.md) _Context: Economic impact of the 2026 Iran war, the war_
7. [The price of oil surpasses US$100 per barrel for the first time in four years. ](/feed/2026/03/8/the-price-of-oil-surpasses-us-100-per-barrel-for-the-first-time-in-four-years.md) _Context: Economic impact of the 2026 Iran war, Oil prices_
8. [South Korean president Lee Jae Myung orders the activation of a ₩100 trillion (about US$68 billion) stabilization fund to address volatility in the country's financial markets linked to the Iran war. ](/feed/2026/03/5/south-korean-president-lee-jae-myung-orders-the-activation-of-a-w100-trillion-about-us-68-billion-stabilization-fund-t.md) _Context: Economic impact of the 2026 Iran war, the war_