Source: Oil Price
Brent Oil Price Tops $93 as U.S.-Iran Impasse Persists
Brent Crude futures prices topped $93 per barrel early in the morning in Europe on Thursday, hitting a three-week high amid fading hopes of U.S.-Iran talks as President Trump announced an “unprecedented” economic pressure campaign against Iran. In early morning trade in Europe, the international benchmark crude, Brent, rose by 1.95% to top $93 per barrel, at $93.48. The U.S. benchmark, WTI Crude, had exceeded the $85 per barrel threshold and was trading 2% higher at $86.12 a barrel.
Key Points
- Brent Crude futures prices topped $93 per barrel early in the morning in Europe on Thursday, hitting a three-week high amid fading hopes of U.S.-Iran talks as President Trump announced an “unprecedented” economic pressure campaign against Iran.
- In early morning trade in Europe, the international benchmark crude, Brent, rose by 1.95% to top $93 per barrel, at $93.48.
- The U.S. benchmark, WTI Crude, had exceeded the $85 per barrel threshold and was trading 2% higher at $86.12 a barrel.
Published: August 20, 2026 11:30 am
Source: Oil Price