Oil prices post biggest drop in 2 weeks, airline stocks surge on hopes the U.S.-Iran war will soon end

Oil futures marked their biggest one-day decline in two weeks Wednesday after President Donald Trump suggested that a deal with Iran was…

Source MarketWatch AI Summary Updated May 20, 2026

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Freshness Stale Updated May 20, 2026

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Oil futures marked their biggest one-day decline in two weeks Wednesday after President Donald Trump suggested that a deal with Iran was close, raising hopes for a resolution to the months-long stalemate in the Middle East.

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