https://www.live-feeds.com/feed/oil-prices-at-near-three-week-high-as-us-iran-peace-hopes-fadeContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/oil-prices-at-near-three-week-high-as-us-iran-peace-hopes-fadehttps://www.live-feeds.com/feed/oil-prices-at-near-three-week-high-as-us-iran-peace-hopes-fade#u45072Wed, 19 Aug 2026 05:20:10 +0000Oil prices climbed to near three-week highs, with Brent exceeding $90, following the expiration of a US-Iran ceasefire. Market volatility increased after Iran rejected an extension of the interim deal and threatened to escalate the conflict. Concurrent threats from Donald Trump to bomb Oman and reports of a fresh strike on a vessel have heightened concerns over supply risks in the region. Bond yields also rose amid the escalating geopolitical instability.Why it mattersThe Strait of Hormuz is a critical chokepoint for global oil supplies. Any disruption to shipping in this corridor typically tr