US-Iran Negotiation Stalemate, International Oil Prices Soar at Close
International crude oil prices surged significantly as US-Iran negotiations remained deadlocked and the Strait of Hormuz continued under a de facto blockade. West Texas Intermediate crude rose by 4.19% in New York, and North Sea Brent crude by 3.42% in London.
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- 📰 Published: May 13, 2026 at 06:57
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Central News Agency
(Central News Agency New York 12th comprehensive foreign report) With US-Iran negotiations in a stalemate and the Strait of Hormuz remaining under a de facto blockade, continuously affecting global energy transportation, international crude oil prices soared at the close today.
New York Mercantile Exchange West Texas Intermediate crude for June delivery surged by 4.11 US dollars or 4.19%, closing at 102.18 US dollars per barrel.
London North Sea Brent crude for July delivery jumped by 3.56 US dollars or 3.42%, closing at 107.77 US dollars per barrel. (Compiled by: Lu Ying-tzu) 1150513
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(Central News Agency New York 12th comprehensive foreign report) With US-Iran negotiations in a stalemate and the Strait of Hormuz remaining under a de facto blockade, continuously affecting global energy transportation, international crude oil prices soared at the close today.
New York Mercantile Exchange West Texas Intermediate crude for June delivery surged by 4.11 US dollars or 4.19%, closing at 102.18 US dollars per barrel.
London North Sea Brent crude for July delivery jumped by 3.56 US dollars or 3.42%, closing at 107.77 US dollars per barrel. (Compiled by: Lu Ying-tzu) 1150513
Choose to stand with facts, every sponsorship you make is a force to protect press freedom.
Download the Central News Agency's "First-hand News" APP to stay updated with the latest news.
Text, images, and videos on this website may not be reproduced, publicly broadcast, or publicly transmitted and used without authorization.