U.S. crude oil tops $100 again as Trump comments diminish hopes for a U.S.-Iran peace deal

CNBCMay 12, 2026 at 12:00 PM

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"

This is a summary. For the full story, read the original article at CNBC.

Original source: CNBC

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