Both WTI and Brent crude oil prices continued their upward trend, rising more than $1 in the short term, and are currently trading at $95.30/barrel and $96.13/barrel respectively. This followed Iran's Supreme Leader's statement that regional countrie

2026-05-26

Both WTI and Brent crude oil prices continued their upward trend, rising more than $1 in the short term, and are currently trading at $95.30/barrel and $96.13/barrel respectively. This followed Iran's Supreme Leader's statement that regional countries would no longer provide protection for US military bases, and that the US would no longer have a safe haven in the region.