# Crude Oil Slides 20% In May On US-Iran Peace Hopes

**Published:** 2026-05-29T19:03:54.000Z  
**Topic:** Ripple Xrp  
**Sentiment:** bearish  
**Publisher:** TrendWatcher — https://www.trendwatcher.in/article/359b0705-4130-497a-82ad-4c41a8408aeb

Brent crude fell nearly 20% in May, marking the worst monthly performance since 2020, as optimism grows regarding a potential US-Iran ceasefire deal.



## Sources
1. Tradingeconomics — [Crude Oil - Price - Chart - Historical Data - News](https://tradingeconomics.com/commodity/crude-oil)
2. Crypto Briefing — [Oil prices tumble over 20% in May, marking worst month since 2020](https://cryptobriefing.com/oil-prices-tumble-worst-month-since-2020/)
3. Livemint — [Crude oil prices slide 19% in May, post worst monthly fall since...](https://www.livemint.com/market/commodities/crude-oil-prices-slide-19-in-may-posts-worst-monthly-fall-since-2020-will-us-iran-peace-deal-deepen-losses-11780043897587.html)

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Cite as: TrendWatcher, "Crude Oil Slides 20% In May On US-Iran Peace Hopes", https://www.trendwatcher.in/article/359b0705-4130-497a-82ad-4c41a8408aeb
