{"id":404594,"date":"2026-04-22T05:11:11","date_gmt":"2026-04-22T05:11:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/404594\/"},"modified":"2026-04-22T05:11:11","modified_gmt":"2026-04-22T05:11:11","slug":"wti-brent-iran-ceasefire-extension-clouds-outlook","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/404594\/","title":{"rendered":"WTI, Brent, Iran ceasefire extension clouds outlook"},"content":{"rendered":"

A tugboat guides the Russian oil tanker Anatoly Kolodkin as it arrives at the oil terminal in the port of Matanzas, northwestern Cuba, on March 31, 2026. (Photo by Yamil LAGE \/ AFP via Getty Images)<\/p>\n

Yamil Lage | Afp | Getty Images<\/p>\n

Oil prices edged lower on Wednesday as uncertainty lingered over the trajectory of the U.S.\u2013Iran conflict, after President Donald Trump extended a fragile ceasefire with Tehran but signaled tensions remain far from resolved.<\/p>\n

International benchmark Brent crude and U.S. West Texas Intermediate futures both slid, with Brent declining 0.68% to $97.81 per barrel while the WTI lost 0.29% to $89.04 per barrel.<\/p>\n

The moves come after Trump said the U.S. would prolong its temporary truce with Iran beyond the previously set deadline, citing a “seriously fractured” political situation within Tehran.<\/p>\n

The ceasefire will remain in place until Iranian leaders present a unified proposal to end hostilities with Washington and Israel, he said in a post on Truth Social. In the meantime, the U.S. would continue its blockade of Iran’s ports.<\/p>\n

Stock Chart IconStock chart icon\"hide<\/p>\n

The ceasefire extension underscores the uncertain path toward de-escalation. While the move delays the risk of imminent military strikes, it also highlights deep divisions within Iran’s leadership and the lack of a clear diplomatic breakthrough.<\/p>\n

Earlier on Tuesday, oil prices rose after it became clear that Vice President JD Vance had not departed for Pakistan, where peace talks with Iran were supposed to resume.<\/p>\n

However, Iranian state news outlet Tasnim reported that negotiators from Tehran had informed their U.S. counterparts through an intermediary in Pakistan that they would not appear for further talks.<\/p>\n

“Iran ultimately announced today that under these circumstances, attending the negotiations is a waste of time because the US prevents reaching any suitable agreement,” Tasnim reported.<\/p>\n

Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"A tugboat guides the Russian oil tanker Anatoly Kolodkin as it arrives at the oil terminal in the…\n","protected":false},"author":2,"featured_media":404595,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[177816,941,357,54,2973,42,87,5102,190,43,16755,3336,40,38,41,39,1032],"class_list":{"0":"post-404594","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-headlines","8":"tag-lco26m","9":"tag-breaking-news-markets","10":"tag-business-news","11":"tag-donald-trump","12":"tag-foreign-policy","13":"tag-headlines","14":"tag-iran","15":"tag-j-d-vance","16":"tag-markets","17":"tag-news","18":"tag-oil-and-gas","19":"tag-tehran","20":"tag-top-news","21":"tag-top-stories","22":"tag-topnews","23":"tag-topstories","24":"tag-united-states"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/404594","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=404594"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/404594\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/404595"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=404594"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=404594"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=404594"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}