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diplomacyMay 12, 2026
Why are oil prices up today, and will Brent crude futures and US WTI rates rise sharply in near future? Oil rises as supply fears return
Summary
Why are oil prices up today, and will Brent crude futures and US WTI rates rise sharply in near future?Oil prices rose about two percent as hopes for a deal to end the conflict between the United States and Iran weakened. Brent crude futures climbed to about $106 per barrel.
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- Gandharv WaliaBy Gandharv Walia
Why are oil prices up today, and will Brent crude futures and US WTI rates rise sharply in near future?Oil prices rose about two percent as hopes for a deal to end the conflict between the United States and Iran weakened. Brent crude futures climbed to about $106 per barrel. US W…
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