US oil prices rise as US-Iran peace talks remain uncertain

U.S. crude futures rose in early trade on Wednesday, despite Washington's announcement that it would ​indefinitely extend a ceasefire with Iran, as uncertainty over peace ‌talks persisted and the Strait of Hormuz remained effectively closed.

Apr 22, 2026 - 07:00
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US oil prices rise as US-Iran peace talks remain uncertain
U.S. crude futures rose in early trade on Wednesday, despite Washington's announcement that it would ​indefinitely extend a ceasefire with Iran, as uncertainty over peace ‌talks persisted and the Strait of Hormuz remained effectively closed.

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