Oil prices extend gains as Trump comments diminish hopes for a U.S.-Iran peace deal

by admin | May 12, 2026 | news, Top News

Oil prices rose Tuesday amid concerns over a prolonged Middle East conflict after President Trump’s comments that the ceasefire with Iran is on “life support”

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Written by Albert Pham, News Curator and Blogger

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Oil prices extend gains as Trump comments diminish hopes for a U.S.-Iran peace deal

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