---
title: "Oil prices settle down after Vance cites progress in Iran talks"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286956998.md"
description: "Oil prices fell on Tuesday following Vice President JD Vance's statement about progress in U.S.-Iran talks, indicating both sides prefer to avoid military action. Vance expressed optimism, stating, 'We think the Iranians want to make a deal.'"
datetime: "2026-05-19T19:21:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286956998.md)
  - [en](https://longbridge.com/en/news/286956998.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286956998.md)
---

# Oil prices settle down after Vance cites progress in Iran talks

By Georgina McCartney HOUSTON, May 19 (Reuters) - Oil prices settled lower on Tuesday after Vice President JD Vance said the U.S. and Iran had made progress in talks, with neither side wanting to see a resumption of military action. "We think that we've made a lot of progress. We think the Iranians want to make a deal," Vance told reporters at a White House briefing. On Monday, Trump posted on

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