Morning Briefing Americas

Oil Drops as Hopes Mount US and Iran are Nearing a Peace Deal

Here’s what you need to know to start your day

A container ship sits at anchor as a small motorboat passes in the foreground in the Strait of HormuzPhotographer: Amirhosein Khorgooi/ISNA/AP

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By Hellmuth Tromm

May 6, 2026 at 11:13 AM UTC

Good morning. Oil falls and stock futures rally on fresh US-Iran peace hopes. Samsung joins the $1 trillion club. And it may be time to check your travel insurance. Listen to the day’s top stories.

— Hellmuth Tromm