Oil Price Today (August 21): Crude Oil Nears $95 as Iran Peace Deal Hopes Fade. What Are Experts Saying?

Oil settles up more than 2% after Trump threatens countries supporting Iran

New York, Aug. 21 (SANA) Oil prices rose more than 2% to settle at their highest levels in nearly a month after U.S. President Donald Trump threatened retaliation against countries supporting Iran, Reuters reported. Brent crude futures rose $2.16, or 2.4%, to $93.78 a barrel, while U.S. West Texas Intermediate crude gained $2, or 2.3%, to $87.83. Both benchmarks reached their highest levels since July 24. Trump warned Tehran of “economic warfare…

Oil Price Today (August 21): Crude oil nears $95 as Iran peace deal hopes fade. What are experts saying?

An earlier peace deal between the sides expired this week, with neither side making efforts to resume talks. U.S. President Donald Trump also threatened economic retaliation against countries supporting Iran.

Crude oil prices surge to near one-month high as US prepares sweeping sanctions on Iran

Crude oil prices reach near one -month highs as the US plans extensive sanctions against Iran, aiming to isolate the country economically. Brent crude rose almost $3 to $92 a barrel while WTI jumped 3.3% to $86.72, amid rising tensions and Trump's warnings about economic penalties.

Oil prices near $95 amid US-Iran war concerns

Crude oil prices approached $95 on August 21 as hopes for an Iran peace deal diminished, with geopolitical uncertainties driving market volatility, experts warn.

Oil Rallies to One-Month High as Trump Targets Iran Backers

By Adedapo Adesanya Oil jumped more than 2 per cent on ‌Thursday to its highest level in nearly a month, after US President Donald Trump warned of retaliation against nations supporting Iran. Brent crude futures gained $2.16 or ​2.4 per cent to trade at $93.78 a barrel, while the US West Texas Intermediate (WTI) crude […]

Brent Crude Oil Prices Surge As Geopolitical Impasse Continues

Current Setup and Live Chart Brent crude is trading above $93 after a decisive push above $90. This surge comes as the previous US-Iran ceasefire framework expired without a conclusive peace deal that was meant to include an agreement on the status of the Strait of Hormuz. October 2026 Brent futures hit $93.17 per barrel in the New York session, marking the highest it has been in three weeks. Today’s uptick is the 5th straight day of gains, as t…