{"id":109292,"date":"2026-05-12T00:39:16","date_gmt":"2026-05-12T00:39:16","guid":{"rendered":"https:\/\/www.europesays.com\/iran\/109292\/"},"modified":"2026-05-12T00:39:16","modified_gmt":"2026-05-12T00:39:16","slug":"oil-holds-above-100-as-hormuz-tensions-persist-trump-says-ceasefire-uncertain","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/iran\/109292\/","title":{"rendered":"Oil Holds Above $100 as Hormuz Tensions Persist; Trump Says Ceasefire Uncertain"},"content":{"rendered":"<p>International oil prices held above $100 a barrel as fears of prolonged tensions in the Middle East kept prices elevated.<br \/>\nConcern is growing that a de facto blockade of the Strait of Hormuz is disrupting global crude oil and natural gas supply, and that rising energy prices could add to inflationary pressure.<br \/>\nDifferences between Iran and the US over lifting the maritime blockade, easing sanctions, and control of the Strait of Hormuz have dimmed prospects for a comprehensive agreement in the near term, raising the risk of renewed military conflict and a prolonged low-intensity standoff.<\/p>\n<p class=\"_feedSummaryContent-module-scss-module__B3djzW__newsAnalyticsTitle\">Forecast Trend Report by Period<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.europesays.com\/iran\/wp-content\/uploads\/2026\/04\/Indicator.png\" alt=\"Loading Indicator\" data-hide-on-theme=\"light\" class=\"h-full w-full object-cover\" style=\"animation:var(--animate-spin)\"\/><img decoding=\"async\" src=\"https:\/\/www.europesays.com\/iran\/wp-content\/uploads\/2026\/04\/Indicator-dark.png\" alt=\"Loading Indicator\" data-hide-on-theme=\"dark\" class=\"h-full w-full object-cover\" style=\"animation:var(--animate-spin)\"\/>See more mid- to long-term trend analysis<img decoding=\"async\" src=\"https:\/\/www.europesays.com\/iran\/wp-content\/uploads\/2026\/05\/85df4dcc-ee6d-4c97-9fe2-3677ace98f3d.webp\" alt=\"Photo: Shutterstock\" width=\"646\" role=\"presentation\" fetchpriority=\"high\"\/>Photo: Shutterstock<\/p>\n<p>International oil prices held above $100 a barrel as fears of prolonged tensions in the Middle East kept energy markets on edge.<\/p>\n<p>Bloomberg reported on May 11 that Brent crude traded above $104 a barrel, extending the previous day&#8217;s gains. West Texas Intermediate also remained strong at around $98 a barrel.<\/p>\n<p>The latest advance followed comments from President Donald Trump casting doubt on the durability of a ceasefire with Iran. Trump recently rejected Iran&#8217;s proposal to end the war and said the ceasefire was effectively in a precarious state.<\/p>\n<p>The Strait of Hormuz remains in conditions close to a de facto blockade, disrupting global flows of crude oil and natural gas. The supply threat has fueled concern that higher energy prices could add to inflationary pressure.<\/p>\n<p>Iran has demanded the lifting of the maritime blockade, sanctions relief and continued control over part of the Strait of Hormuz in response to a US proposal, Bloomberg reported. With the two sides still far apart, a comprehensive agreement does not appear close.<\/p>\n<p>Bloomberg Economics said in a report that the two sides are likely to slip back into military confrontation. It added that the intensity of any clashes may gradually ease, leading to a prolonged low-level conflict.<\/p>\n<p>Trump is also discussing possible additional military responses with his national security team and reviewing whether to resume escort operations for ships passing through the Strait of Hormuz, Bloomberg reported.<\/p>\n","protected":false},"excerpt":{"rendered":"International oil prices held above $100 a barrel as fears of prolonged tensions in the Middle East kept&hellip;\n","protected":false},"author":2,"featured_media":109293,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[28],"tags":[3982,16196,16204,16194,16195,16201,16200,16198,16197,16199,9693,16202,102,16203,101],"class_list":{"0":"post-109292","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-strait-of-hormuz","8":"tag-bitcoin","9":"tag-bitcoincommunity","10":"tag-blockchain","11":"tag-bloomingbit","12":"tag-coincommunity","13":"tag-coininfo","14":"tag-coininvest","15":"tag-coinnews","16":"tag-coinreview","17":"tag-coinstats","18":"tag-cryptocurrency","19":"tag-ethereum","20":"tag-hormuz","21":"tag-solana","22":"tag-strait-of-hormuz"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@iran\/116558821120541834","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/posts\/109292","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/comments?post=109292"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/posts\/109292\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/media\/109293"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/media?parent=109292"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/categories?post=109292"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/tags?post=109292"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}