Oil Prices Rise Amid Uncertainty Over US-Iran Talks and Shrinking Inventories

Oil prices climbed more than 1% as uncertainty over U.S.-Iran peace negotiations and declining inventories supported the market. Both Brent crude and West Texas Intermediate futures rose, recovering from sharp losses in the previous session.

By Fiona Craig Thu, May 21, 2026 at 1:00 PM GMT+3 2 min read · Yahoo Finance · May 21, 2026, 10:00 UTC

Oil Prices Rise Amid Uncertainty Over US-Iran Talks and Shrinking Inventories

Topics: geopolitical_tensions iran_negotiations oil

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