{"id":86326,"date":"2026-04-22T01:00:36","date_gmt":"2026-04-22T01:00:36","guid":{"rendered":"https:\/\/christiancorner.us\/index.php\/2026\/04\/22\/wti-brent-iran-ceasefire-extension-likely\/"},"modified":"2026-04-22T01:01:31","modified_gmt":"2026-04-22T01:01:31","slug":"wti-brent-iran-ceasefire-extension-likely","status":"publish","type":"post","link":"https:\/\/christiancorner.us\/index.php\/2026\/04\/22\/wti-brent-iran-ceasefire-extension-likely\/","title":{"rendered":"WTI, Brent, Iran ceasefire extension likely"},"content":{"rendered":"<p>\n<\/p>\n<div xmlns:default=\"http:\/\/www.w3.org\/2000\/svg\" id=\"RegularArticle-ArticleBody-5\" data-module=\"ArticleBody\" data-test=\"articleBody-2\" data-analytics=\"RegularArticle-articleBody-5-2\"><span class=\"HighlightShare-hidden\" style=\"top:0;left:0\"\/><\/p>\n<div class=\"InlineImage-imageEmbed\" id=\"ArticleBody-InlineImage-108293615\" data-test=\"InlineImage\">\n<div class=\"InlineImage-wrapper\">\n<div>\n<p>A tugboat guides the Russian oil tanker Anatoly Kolodkin as it arrives at the oil terminal in the port of Matanzas, northwestern Cuba, on March 31, 2026. (Photo by Yamil Lage\/AFP via Getty Images)<\/p>\n<p>Yamil lage | AFP | getty images<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"group\">\n<p>Oil prices edged lower on Wednesday as uncertainty remained over the path of the US-Iran conflict, after President Donald Trump brokered a fragile truce with Tehran but signaled tensions were still far from resolved.<\/p>\n<p>International benchmark Brent crude and US West Texas Intermediate futures both declined, with Brent falling 0.68% to $97.81 a barrel, while WTI fell 0.29% to $89.04 a barrel.<\/p>\n<p>The move came after Trump said the US would extend its temporary ceasefire with Iran beyond a previously scheduled deadline, citing the &#8220;severely fractured&#8221; political situation within Tehran.<\/p>\n<p>The ceasefire will remain in place until Iranian leaders present a unified proposal to end hostilities with Washington and Israel, he said in a post on Truth Social. Meanwhile, the US will continue its blockade of Iran&#8217;s ports.<\/p>\n<\/div>\n<div>\n<div class=\"Collapsible-proliveCollapsableContainer\" role=\"button\" tabindex=\"0\"><default:svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"256\" height=\"256\" viewbox=\"0 0 256 256\" aria-labelledby=\"title desc\" role=\"img\" focusable=\"false\" preserveaspectratio=\"xMinYMin\" class=\"Collapsible-stockChartIcon\"><default:title>stock chart icons<\/default:title><default:desc>stock chart icon<\/default:desc><default:g transform=\"translate(1.4065934065934016 1.4065934065934016) scale(2.81 2.81)\"><default:path d=\"M 87.994 0 H 69.342 c -1.787 0 -2.682 2.16 -1.418 3.424 l 5.795 5.795 l -33.82 33.82 L 28.056 31.196 l -3.174 -3.174 c -1.074 -1.074 -2.815 -1.074 -3.889 0 L 0.805 48.209 c -1.074 1.074 -1.074 2.815 0 3.889 l 3.174 3.174 c 1.074 1.074 2.815 1.074 3.889 0 l 15.069 -15.069 l 14.994 14.994 c 1.074 1.074 2.815 1.074 3.889 0 l 1.614 -1.614 c 0.083 -0.066 0.17 -0.125 0.247 -0.202 l 37.1 -37.1 l 5.795 5.795 C 87.84 23.34 90 22.445 90 20.658 V 2.006 C 90 0.898 89.102 0 87.994 0 z\" transform=\" matrix(1 0 0 1 0 0) \" stroke-linecap=\"round\"\/><default:path d=\"M 65.626 37.8 v 49.45 c 0 1.519 1.231 2.75 2.75 2.75 h 8.782 c 1.519 0 2.75 -1.231 2.75 -2.75 V 23.518 L 65.626 37.8 z\" transform=\" matrix(1 0 0 1 0 0) \" stroke-linecap=\"round\"\/><default:path d=\"M 47.115 56.312 V 87.25 c 0 1.519 1.231 2.75 2.75 2.75 h 8.782 c 1.519 0 2.75 -1.231 2.75 -2.75 V 42.03 L 47.115 56.312 z\" transform=\" matrix(1 0 0 1 0 0) \" stroke-linecap=\"round\"\/><default:path d=\"M 39.876 60.503 c -1.937 0 -3.757 -0.754 -5.127 -2.124 l -6.146 -6.145 V 87.25 c 0 1.519 1.231 2.75 2.75 2.75 h 8.782 c 1.519 0 2.75 -1.231 2.75 -2.75 V 59.844 C 41.952 60.271 40.933 60.503 39.876 60.503 z\" transform=\" matrix(1 0 0 1 0 0) \" stroke-linecap=\"round\"\/><default:path d=\"M 22.937 46.567 L 11.051 58.453 c -0.298 0.298 -0.621 0.562 -0.959 0.8 V 87.25 c 0 1.519 1.231 2.75 2.75 2.75 h 8.782 c 1.519 0 2.75 -1.231 2.75 -2.75 V 48.004 L 22.937 46.567 z\" transform=\" matrix(1 0 0 1 0 0) \" stroke-linecap=\"round\"\/><\/default:g><\/default:svg><\/p>\n<div class=\"Collapsible-proLivePlayerCloseOrExpand\"><\/div>\n<\/div>\n<p><iframe title=\" \" src=\"https:\/\/www.cnbc.com\/appchart?symbol=%40LCO.1&amp;range=YTD&amp;comp=%40CL.1&amp;type=mountain&amp;embedded=true&amp;$DEVICE$=undefined\" height=\"460\" scrolling=\"no\" loading=\"lazy\" style=\"border:0;width:100%\"><\/iframe><\/p>\n<\/div>\n<div class=\"group\">\n<p>The ceasefire extension outlines the uncertain path towards de-escalation. While the move delays the risk of imminent military attacks, it also highlights deep divisions within Iran&#8217;s leadership and the lack of clear diplomatic success.<\/p>\n<p>Earlier on Tuesday, oil prices rose after it became clear that Vice President JD Vance was not scheduled to leave for Pakistan, where peace talks with Iran were to resume.<\/p>\n<p>However, Iranian state news outlet Tasnim reported that Tehran negotiators had informed their US counterparts through an intermediary in Pakistan that they would not be present for further talks.<\/p>\n<p>&#8220;Iran finally announced today that under these circumstances, participating in negotiations is a waste of time as it prevents the US from reaching any suitable agreement,&#8221; Tasnim reported.<\/p>\n<\/div>\n<div class=\"ArticleBody-googlePreferredSourceContainer\" data-module=\"GooglePreferredSource\" data-id=\"RegularArticle-GooglePreferredSource-5\">Choose CNBC as your favorite source on Google and never miss a moment of the most trusted name in business news.<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>A tugboat guides the Russian oil tanker Anatoly Kolodkin as it arrives at the oil terminal in the port of Matanzas, northwestern Cuba, on March 31, 2026. (Photo by Yamil Lage\/AFP via Getty Images) Yamil lage | AFP | getty images Oil prices edged lower on Wednesday as uncertainty remained over the path of the<\/p>\n","protected":false},"author":1,"featured_media":86329,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[56],"tags":[8277,4380,1528,312,8276],"class_list":{"0":"post-86326","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bible-news","8":"tag-brent","9":"tag-ceasefire","10":"tag-extension","11":"tag-iran","12":"tag-wti"},"_links":{"self":[{"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/posts\/86326","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/comments?post=86326"}],"version-history":[{"count":1,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/posts\/86326\/revisions"}],"predecessor-version":[{"id":86330,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/posts\/86326\/revisions\/86330"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/media\/86329"}],"wp:attachment":[{"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/media?parent=86326"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/categories?post=86326"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/tags?post=86326"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}