Oil Prices Rise Amid Stalemate in US-Iran Negotiations
On 4 May 2026, oil prices increased with Brent crude reaching $111.81 per barrel and WTI hitting $105.34 due to unresolved tensions between the U.S. and Iran over nuclear talks and shipping disruptions in the Strait of Hormuz.
Topics: geopolitical_tensions oil_prices OPEC+ US-Iran_relations