Final Stages. The Energy Report 05/21/2026

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Final Stages. The Energy Report 05/21/2026

blog.pricegroup

1 month ago

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The Iran-US conflict is coming to its final stages, but the problem is whether that means war or peace. Oil, gasoline, and diesel futures plummeted after reports of a new round of peace talks between Iran and the US in Pakistan, and after President Trump said the talks are in the “final stages” or nearing completion, with a willingness to wait a few more days.

Yet today, oil prices and diesel reversed course after reports that Iran’s Supreme Leader, Mojtaba Khamenei, from somewhere in a bunke...

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