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Oil prices gain as investors doubt breakthrough in US-Iran peace talks
May 22, 2026
Economic Times

Oil prices gain as investors doubt breakthrough in US-Iran peace talks

Oil prices jumped on Friday because people aren't sure if US-Iran peace talks will work out. Worries about the Middle East and oil supply caused this. A source said, "no deal has been reached with the U.S." but things are getting closer. Still, the market is set for a weekly drop.