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Oil prices dipped during trading on May 6 2026 but recovered to close off the session lows following reports of talks between the U.S. and Iran. President Trump stated that a deal is getting close but Iran has not yet agreed to the proposal. CNBC's Pippa Stevens discussed the market movement on 'Closing Bell Overtime'.
CnbcU.S. and Iran, according to CNBC reported. The market movement came as investors weighed the potential for diplomatic progress on the nuclear issue.
The statement was featured in a video segment titled 'Pres. Trump: Deal is getting close but Iran has not yet agreed to proposal' that ran for one minute and 22 seconds. CNBC's Pippa Stevens appeared on 'Closing Bell Overtime' to discuss oil markets bouncing off the lows of the day.
The segment aired on Wednesday, May 6 2026 at 4:20 PM EDT. The video segment featuring President Trump's remarks ran for 01:22. It was one of several market-focused clips aired during the broadcast, which also included discussions on equities, housing and consumer spending.
U.S. and Iran. The price action reflected trader reactions to the possibility of an agreement even as the Iranian side has yet to accept the latest terms.
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