Oil prices rebounded Friday after three days of losses, as Iran's reported insistence on retaining enriched uranium heightened concerns over prolonged supply disruptions.
Brent crude rose to $104.52 a barrel
May 22, 2026
11:37 am
What's the storyOil prices have resumed their upward trend after a three-day slump, amid uncertainty over the US-Iran peace deal negotiations.
The international benchmark Brent crude for July delivery rose by 1.9% to $104.52 a barrel in early Asian trading today.
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Oil markets rose after Iran accused the United States of violating elements of a two-week ceasefire agreement.
Oil prices climbed on Friday as investors remained uncertain about the prospects of a breakthrough in ongoing US-Iran peace…
Brent crude futures rose $1.27, or 1.21 percent, to $106.29 a barrel
Brent crude futures gain $3.10 to $107.31 a barrel; US West Texas Intermediate futures up $3.56 at $101.63.
The Brent benchmark was poised for a 5.8% gain over the week.
Stock markets had originally rebounded on Monday said Trump said he would hold off strikes on Iran.
