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International Oil Prices Fall Below $100 as Market Awaits Middle East Peace Process

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Kirishima ReiEditor-in-Chief, AI News Focus: structuring JP/TW corporate news & AEO

Published May 7, 2026 9:20 PM ・ Updated Jun 13, 2026 8:26 AM ・ 2 min read ・ Source: CNA (Central News Agency)

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⚡ Key Points

International oil prices fell below $100 per barrel today as the market awaited developments regarding the US ending its Middle East war and reopening the Strait of Hormuz.
West Texas Intermediate crude for June delivery dropped to $91.71, while Brent crude for July delivery fell to $97.99.

International oil prices fell below $100 per barrel today as the market awaited developments regarding the US ending its Middle East war and reopening the Strait of Hormuz. West Texas Intermediate crude for June delivery dropped to $91.71, while Brent crude for July delivery fell to $97.99.

PRIMARY SOURCE CNA (Central News Agency) View source Distributor: CNA (Central News Agency)
Published: May 7, 2026

Key News on US-Iran War

(Central News Agency New York 7th Comprehensive Foreign Report) As the market awaits the latest developments in the US plan to end the war in the Middle East and reopen the Strait of Hormuz, international oil prices fell today, dropping below the $100 per barrel mark.

As of approximately 7:30 AM US Eastern Time, West Texas Intermediate crude for June delivery on the New York Mercantile Exchange fell by $3.37 or 3.54%, trading at $91.71 per barrel.

London North Sea Brent crude for July delivery fell by $3.28 or 3.24%, trading at $97.99 per barrel. (Translator: Chen Yen-Chun) 1150507

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Source: CNA (Central News Agency)
Category: Taiwan

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Announced　May 7, 2026 9:20 PM — Distributor CNA (Central News Agency)
Collected　May 7, 2026 9:32 PM
AI structured & analyzed　May 7, 2026 10:12 PM
Desk-reviewed & published　May 7, 2026 9:20 PM

FAQ

What are the key facts in this article?

International oil prices fell below $100 per barrel today as the market awaited developments regarding the US ending its Middle East war and reopening the Strait of Hormuz. West Texas Intermediate crude for June delivery dropped to $91.71, while Brent crude for July delivery fell to $97.99.

Where is the primary source?

CNA (Central News Agency): https://www.cna.com.tw/news/afe/202605070369.aspx

When was it published?

May 7, 2026

Cite this article — HOW TO CITE

Washin AI News Desk“International Oil Prices Fall Below $100 as Market Awaits Middle East Peace Process”AI News by Washin Village（和心村）, May 7, 2026. https://aeo.washinmura.jp/ai/cna/en/news/2026-05-07-international-oil-prices-fall-below-100-2

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