1 May 2026, 16:29  Oil: Brent Crude Falls Slightly.

Brent crude futures fell to below $110 per barrel, trimming weekly gains, after Axios reported that Iran had responded to US amendments to a potential peace deal, though no details were provided. Meanwhile, President Trump faces a 60-day War Powers deadline over military action in Iran. Under the 1973 law, troops must be withdrawn within 60 days unless Congress authorizes the deployment, which it has not done. The administration says a ceasefire reached three weeks ago has “terminated” hostilities.

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