US-Iran Conflict Threatens Ceasefire Agreement, Oil Prices Rise
Oil prices rose today as the market assessed whether renewed conflict between the United States and Iran would undermine hopes for a short-term peace agreement. West Texas Intermediate crude for June delivery in New York rose 0.6% to settle at $95.42 a barrel, while Brent crude for July delivery in London gained 1.2% to $101.29 a barrel.
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- 📰 Published: May 9, 2026 at 07:02
- 🔍 Collected: May 9, 2026 at 07:31 (29 min after Published)
- 🤖 AI Analyzed: May 9, 2026 at 07:33 (1 min after Collected)
Central News Agency
(Central News Agency New York 8th comprehensive foreign report) Oil prices rose today as the market assessed whether renewed conflict between the United States and Iran would undermine hopes for a short-term peace agreement.
West Texas Intermediate crude for June delivery in the New York market rose 0.6% to settle at $95.42 a barrel.
Brent crude for July delivery in the London market gained 1.2% to $101.29 a barrel. (Compiled by: Hsu Jui-cheng) 1150509
(Central News Agency New York 8th comprehensive foreign report) Oil prices rose today as the market assessed whether renewed conflict between the United States and Iran would undermine hopes for a short-term peace agreement.
West Texas Intermediate crude for June delivery in the New York market rose 0.6% to settle at $95.42 a barrel.
Brent crude for July delivery in the London market gained 1.2% to $101.29 a barrel. (Compiled by: Hsu Jui-cheng) 1150509