Event Brief
UPDATED May 12, 2026 at 7:00 AM ET
May 10, 2026 at 8:00 PM ET
Oil prices rise as Trump comments hurt U.S.-Iran deal hopes
By The BriefBrief
Oil prices extended gains as President Trump’s remarks reduced hopes for a U.S.-Iran peace deal.
WHO: President Trump
WHAT: Oil prices extended gains amid reduced hopes for a U.S.-Iran peace deal
WHEN: May 12, 2026 at 6:40 AM ET
WHERE: United States
WHY: Prices rose in reaction to Trump’s comments that the Iran ceasefire is on “life support.”
How this story developed (showing 4 of 4 earlier reports)
Reporting from 9 identified publishers across this event arc.
View all 9 publishers
Publishers represented across this event arc
These publishers contributed reporting to the broader event history. Not every source addresses the specific development described above.
How this brief is built: The BriefBrief correlates multiple sources into one evolving event brief, updated as new facts emerge.
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