Crude oil prices fall 6% amid US-Iran peace deal hopes; MCX crude below ₹8,800 per barrel by Live mint | May 25, 2026 10:21 am | Indian Stocks, Market, News Brent crude futures declined 5.7% to $97.69 a barrel, while US West Texas Intermediate were at $90.85 a barrel, down 6%. Both contracts touched their lowest since May 7 earlier in the session.