---
title: "Oil prices at near three-week high as US-Iran peace hopes fade"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/296228175.md"
description: "Oil prices rose to a near three-week high, with Brent crude up 0.22% to $91.07, as hopes for a Middle East peace deal faded. Iran announced a more offensive stance while the US ruled out extending the ceasefire, raising concerns about prolonged energy supply disruptions."
datetime: "2026-08-18T12:26:41.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/296228175.md)
  - [en](https://longbridge.com/en/news/296228175.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/296228175.md)
generator: "portal-rs"
---

# Oil prices at near three-week high as US-Iran peace hopes fade

By Robert Harvey LONDON, Aug 18 (Reuters) - Oil prices traded slightly higher for a third session on Tuesday as prospects receded for a deal to end the Middle East war, with Iran saying it would adopt a more offensive stance and the U.S. ruling out extending a ceasefire deal, heightening worries about prolonged energy supply disruptions. Brent crude futures were up 20 cents, or 0.22%, to $91.07

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**