Cloth oil fell 6% US oil fell nearly 7%

On May 25, Brent crude oil fell 6% during the day and is now reported at US$94.59/barrel;WTI crude oil fell 6.8% during the day to US$93.45/barrel. In the news, U.S. Secretary of State Rubio said that as negotiations continue, a potential agreement with Iran may still be signed as early as Monday. However, Iraqi media quoted a person familiar with the matter as saying that the United States and Iran have not yet reached a final memorandum of understanding and there are still controversial terms.