Oil Rises Above $91 as US-Iran Deal Hopes Fade
August 18, 2026
News summary: Reuters reported Brent traded at $91.49/bbl and WTI at $85.25/bbl at 04:08 GMT on Tuesday as prospects for a peace deal receded and concern over energy supply increased. These were intraday prices, not final settlements.
Market context: Until a closing settlement is available, cargo offers should identify the benchmark timestamp, keep validity short and separate benchmark movement from freight, insurance and route availability.
Archive date: August 18, 2026