Brent crude oil rises to ~$104 amid Middle East supply concerns
Key takeaways
- On May 22, 2026, Brent crude futures settled around $104.25, up 0.69-0.95% for the day, with WTI near $97, as ongoing geopolitical tensions in the Middle East continue to support prices despite some volatility from earlier peace talk reports.
AI insight — what it means
Rising oil prices from Middle East supply worries can mean higher costs for gasoline and goods that use oil. Everyday investors may see this affect their spending and the broader economy.
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