Oil drops sharply on reports of a peace deal episode artwork

EPISODE · May 7, 2026 · 33 MIN

Oil drops sharply on reports of a peace deal

from Bitesize Business Breakfast Podcast · host Dubai Eye 103.8

07 May 2026. Reports of a potential US-Iran agreement sent oil prices tumbling and stock markets surging. Matt Stanley from Kpler joins us on what the latest means for energy markets and how businesses are dealing with the volatility. Plus, the Dubai property market is moving fast with viewings up 160%, buyer registrations up 119% and deals up 31% in April versus March. Espace Real Estate's broker of the week tells us what he's seeing on the ground. And Wyndham is launching branded residences at Dubai Islands - mid-scale, affordable and 68 units only. We find out why the affordable end of the market and how affordable! See omnystudio.com/listener for privacy information.

Episode metadata supplied by the publisher feed · Published May 7, 2026

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Oil drops sharply on reports of a peace deal

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