Oil Price May 22 2026: Brent $106, WTI $100 as Pakistan Army Chief Flies to Tehran and Iran Reviews US Proposal

# Oil Price May 22 2026: Brent $106, WTI $100 as Pakistan Army Chief Flies to Tehran and Iran Reviews US Proposal

> **Quick answer:** Brent crude is trading at $106.92 (+1.9%) and WTI at $100.59 (+2.4%) on Friday morning, May 22, 2026. Pakistan's Field Marshal Asim Munir has flown to Tehran as an active mediator while Iran confirms it is reviewing Washington's latest peace proposal. Trump says he'll "wait a few days" before deciding whether to resume strikes. Polymarket gives only 4% odds of a deal by today — meaning markets are pricing in hope, not certainty.

Oil prices have pushed sharply higher on Friday, May 22, 2026, with Brent crude and WTI both surging as diplomatic signals out of Tehran and Islamabad inject fresh optimism — and fresh uncertainty — into the market at the same moment. Here is everything you need to read before you make a trade, a financial decision, or just try to understand why your gas price notice from Walmart landed yesterday.

*This article is for informational purposes only and does not constitute financial advice. Consult a qualified financial advisor for personal financial decisions.*

## Oil Price May 22 2026: Where Brent and WTI Stand Right Now

As of Friday morning, May 22, 2026: