Oil Prices Rise Amid Uncertainty Over US-Iran Peace Talks
On May 22, 2026, oil prices increased as investors reacted to uncertainty surrounding the progress of peace negotiations between the U.S. and Iran. Despite intraday gains for Brent crude (+3.2%) and WTI (+2.6%), both benchmarks were set to close the week with declines due to ongoing volatility in expectations around a potential deal.
Topics: geopolitical_tensions oil_prices Strait_of_Hormuz US-Iran_relations