# US oil prices rise as investors doubt breakthrough in US-Iran peace talks | Reuters

> Brent crude futures settled at $103.54 a barrel and WTI at $96.60 after both rose over 3% intraday. Investors doubted that US-Iran peace talks would produce a breakthrough soon.

- Date: 2026-05-21 · published 2026-05-21T12:00:00.000Z
- Category: geopolitics · region Global · magnitude medium
- Page: https://feedsoft.ai/events/19427-us-oil-prices-rise-as-investors-doubt-breakthrough-in-us-iran-peace-talks
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Persistent crude strength tied to Strait of Hormuz disruption raises fertilizer, freight and biofuel-linked costs for feed supply chains. Prices remain elevated while the conflict stays unresolved.

## Read by commodity

- WTI: bullish ▲
- BRENT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2025-12-03 | [Oil settles slightly higher as Moscow peace talks fail to reach breakthrough \| Reuters](https://feedsoft.ai/events/21682-oil-settles-slightly-higher-as-moscow-peace-talks-fail-to-reach-breakthrough.md) | -1.0% | -2.9% |
| BRENT | 2026-04-23 | [South African rand slips as investors seek clarity on stalled US-Iran peace talks \| Reuters](https://feedsoft.ai/events/20003-south-african-rand-slips-as-investors-seek-clarity-on-stalled-us-iran-peace.md) | +12.6% | -0.5% |
| BRENT | 2026-02-18 | [Oil settles up 4% on Iran-US tensions, Russia-Ukraine talks end without breakthrough \| Reuters](https://feedsoft.ai/events/20786-oil-settles-up-4-on-iran-us-tensions-russia-ukraine-talks-end-without.md) | +3.5% | +54.4% |
| BRENT | 2026-05-22 | [Oil Prices Rise as Iran Draws Red Line on Uranium \| Investing.com](https://feedsoft.ai/events/19429-oil-prices-rise-as-iran-draws-red-line-on-uranium-investing-com.md) | -11.3% | -23.1% |
| BRENT | 2022-03-06 | [Oil price surges to highest since 2008 on delays in Iranian talks \| Reuters](https://feedsoft.ai/events/6283-oil-price-surges-to-highest-since-2008-on-delays-in-iranian-talks-reuters.md) | -4.6% | -13.0% |
| WTI | 2025-12-03 | [Oil settles slightly higher as Moscow peace talks fail to reach breakthrough \| Reuters](https://feedsoft.ai/events/21682-oil-settles-slightly-higher-as-moscow-peace-talks-fail-to-reach-breakthrough.md) | -0.7% | -2.5% |
| WTI | 2026-02-18 | [Oil settles up 4% on Iran-US tensions, Russia-Ukraine talks end without breakthrough \| Reuters](https://feedsoft.ai/events/20786-oil-settles-up-4-on-iran-us-tensions-russia-ukraine-talks-end-without.md) | +5.1% | +53.8% |
| WTI | 2026-05-22 | [Oil Prices Rise as Iran Draws Red Line on Uranium \| Investing.com](https://feedsoft.ai/events/19429-oil-prices-rise-as-iran-draws-red-line-on-uranium-investing-com.md) | -9.1% | -21.6% |

## Sources

- reuters.com: https://www.reuters.com/business/energy/us-oil-prices-rise-investors-doubt-breakthrough-us-iran-peace-talks-2026-05-21/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.