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        <firstCreated>2026-05-13T09:29:50Z</firstCreated>
		
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        <contentCreated>2026-05-13</contentCreated>
		
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        <dateline xml:lang="en">May 13/12, 2026/File</dateline>
        <slugline xml:lang="en">Various-Oil Prices</slugline>
        <headline xml:lang="en">Crude futures settle higher</headline>
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Oil prices climbed on Tuesday. 

The West Texas Intermediate (WTI) for June delivery increased by 4.11 dollars, or 4.19 percent, to settle at 102.18 U.S. dollars a barrel on the New York Mercantile Exchange. Brent crude for July delivery gained 3.56 dollars, or 3.42 percent, to settle at 107.77 U.S. dollars a barrel on the London ICE Futures Exchange. 

Iran rejected the latest U.S. proposal as tantamount to surrender, calling instead for an end to the war, the removal of sanctions and the lifting of the naval blockade in its response to the draft plan, which U.S. President Donald Trump described as "totally unacceptable."

The two sides have exchanged several draft proposals through Pakistan in recent weeks as part of efforts to end the conflict. 

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Beijing, China - May 13, 2026 (CCTV Video News Agency - No access Chinese mainland) 
1. Graphic showing changes of oil futures prices 

FILE: Kharg Island, Iran - 2016-2018 (CGTN - No access Chinese mainland/Al-Arabiya/Persian language TV Stations outside Iran. Strictly No Access BBC Persian/VOA Persian/Manoto TV/Iran International/Radio Farda) 
2. Various of oil storage tanks, flame at oil refinery, facilities

FILE: Strait of Hormuz - Date Unknown (NNC - No access Chinese mainland/Al-Arabiya/Persian language TV Stations outside Iran. Strictly No Access BBC Persian/VOA Persian/Manoto TV/Iran International/Radio Farda) 
3. Various of ships sailing in Strait of Hormuz 

FILE: Bab Oilfield, UAE - 2023 (CGTN - No access Chinese mainland) 
4. Various of oil field facilities, pipelines, flame

FILE: Kuwait - Aug 7, 2017 (CCTV - No access Chinese mainland) 
5. Various of oil drilling rig in operation 

FILE: Saudi Arabia - Date Unknown (CCTV - No access Chinese mainland) 
6. Various of workers at oil refinery 

FILE: Kurdistan Region, Iraq - July 2016 (CCTV - No access Chinese mainland) 
7. Various of oil refinery 

FILE: Washington D.C., USA - Oct 2024 (CCTV Video News Agency - No access Chinese mainland) 
8. Various of White House, U.S. national flag 

FILE: Tehran, Iran - April 12, 2026 (CGTN - No access Chinese mainland/Al-Arabiya/Persian language TV Stations outside Iran. Strictly No Access BBC Persian/VOA Persian/Manoto TV/Iran International/Radio Farda) 
9. Azadi Tower, Traffic 
10. Traffic, national flags of Iran
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