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US-Iran Negotiations Breakdown, Middle East Tensions Cause International Oil Prices to Soar

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Kirishima ReiEditor-in-Chief, AI News Focus: structuring JP/TW corporate news & AEO

Published May 11, 2026 8:34 AM ・ Updated Jun 13, 2026 8:26 AM ・ 2 min read ・ Source: CNA (Central News Agency)

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⚡ Key Points

International oil prices surged significantly following the breakdown of US-Iran negotiations and Iran's renewed threats of military action in the Strait of Hormuz.
Brent crude oil rose 2.69% to $104.01 per barrel, while WTI crude oil increased 2.54% to $97.84 per barrel.

International oil prices surged significantly following the breakdown of US-Iran negotiations and Iran's renewed threats of military action in the Strait of Hormuz. Brent crude oil rose 2.69% to $104.01 per barrel, while WTI crude oil increased 2.54% to $97.84 per barrel.

PRIMARY SOURCE CNA (Central News Agency) View source Distributor: CNA (Central News Agency)
Published: May 11, 2026

(Central News Agency, Tokyo, 11th, Comprehensive Foreign Report) Oil prices surged significantly today after opening, as US President Trump rejected Tehran's response to Washington's peace proposal, and Iran once again threatened to take violent action in the Strait of Hormuz.

London's North Sea Brent crude for July delivery rose 2.69% to $104.01 per barrel.

New York Mercantile Exchange West Texas Intermediate (WTI) crude for June delivery rose 2.54% to $97.84 per barrel. (Compiled by: Chen Yu-Ting) 1150511

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Source: CNA (Central News Agency)
Category: Taiwan
Dates in source: 1150511

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Announced　May 11, 2026 8:34 AM — Distributor CNA (Central News Agency)
Collected　May 11, 2026 9:01 AM
AI structured & analyzed　May 11, 2026 10:12 AM
Desk-reviewed & published　May 11, 2026 8:34 AM

FAQ

What are the key facts in this article?

Where is the primary source?

CNA (Central News Agency): https://www.cna.com.tw/news/aopl/202605110013.aspx

When was it published?

May 11, 2026

Cite this article — HOW TO CITE

Washin AI News Desk“US-Iran Negotiations Breakdown, Middle East Tensions Cause International Oil Prices to Soar”AI News by Washin Village（和心村）, May 11, 2026. https://aeo.washinmura.jp/ai/cna/en/news/2026-05-11-us-iran-negotiations-breakdown-middle-ea

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