US-Iran Peace Agreement Prospects Unclear, International Oil Prices Rise
International oil prices rose as peace talks between the US and Iran stalled, with both sides leveraging the critical Strait of Hormuz. WTI crude rose 3.7% and Brent crude rose 3.5%.
📋 Article Processing Timeline
- 📰 Published: April 23, 2026 at 05:44
- 🔍 Collected: April 23, 2026 at 06:01 (17 min after Published)
- 🤖 AI Analyzed: April 23, 2026 at 07:08 (1h 6m after Collected)
Central News
(New York, 22nd, CNA) With peace talks between the United States and Iran at a stalemate, both sides are using the crucial Strait of Hormuz to gain leverage, leading to a rise in international oil prices today.
The settlement price for West Texas Intermediate (WTI) crude for June delivery on the New York Mercantile Exchange rose 3.7% to close at $92.96 per barrel.
The price for London Brent crude for June delivery increased by 3.5%, closing at $101.91 per barrel. (Translator: Chen Zhengjian) 1150423
Choose to stand with the facts. Every contribution you make is a power to protect freedom of the press.
Download the CNA "First-hand News" APP to grasp the latest news instantly.
The text, images, and audio/video on this website may not be reproduced, publicly broadcast, or publicly transmitted and utilized without authorization.
(New York, 22nd, CNA) With peace talks between the United States and Iran at a stalemate, both sides are using the crucial Strait of Hormuz to gain leverage, leading to a rise in international oil prices today.
The settlement price for West Texas Intermediate (WTI) crude for June delivery on the New York Mercantile Exchange rose 3.7% to close at $92.96 per barrel.
The price for London Brent crude for June delivery increased by 3.5%, closing at $101.91 per barrel. (Translator: Chen Zhengjian) 1150423
Choose to stand with the facts. Every contribution you make is a power to protect freedom of the press.
Download the CNA "First-hand News" APP to grasp the latest news instantly.
The text, images, and audio/video on this website may not be reproduced, publicly broadcast, or publicly transmitted and utilized without authorization.