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Oil Price - Oil Price Forecast: Brent and WTI Rise on US-Iran Risk

27-05-2026 02:25

Oil prices rebound as U.S.-Iran uncertainty and Strait of Hormuz risks keep Brent and WTI supported near key technical levels.

Oil Prices Fall as Traders Bet on U.S.-Iran Deal

Oil prices fell as traders focused on hopes for a U.S.-Iran deal despite continued hostilities, tight inventories, and the effective closure of the Strait of Hormuz.

Oil prices drop as traders look for US-Iran talks progress

Oil prices fell by more than 3% on Wednesday as traders weighed up progress in U.S.-Iran peace talks and renewed hostilities.

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Prices Fall 7% On Possible Iran Deal

WTI Oil 250526 Daily Chart. WTI oil is under strong pressure as traders react to Trump’s comments on Iran. President Trump said that negotiations with Iran were “proceeding ni ...

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