News · 22 May 2026

US sees Mideast peace signs; oil jumps to $104

Fuel and share prices could keep swinging as talks in the Middle East continue and traders watch the Strait of Hormuz closely. Marco Rubio said there were “some good signs” of progress between Washington and Tehran, though he warned he didn't want to sound too hopeful. Brent crude reached $104 after reports said Iran's Supreme Leader wanted enriched uranium kept inside the country.

By BriefTea Editorial · 22 May 2026 at 7:15

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