# Brent futures for July on Intercontinental Exchange gained $0.81, or 0.73 per cent, to $111.21 a barrel.

*fintech · news · 2026-05-01 · Zee News*

## Key points

- Brent crude’s June contract peaked at $126.41, its highest since March 2022, before expiring.
- A 19-kg commercial LPG cylinder price in Delhi rose by Rs 993 to Rs 3,071.5 Friday.
- This is the third hike in commercial LPG cylinder prices since February 28's conflict escalation.
- Asian economies face heightened economic risk from energy shocks tied to the Middle East crisis.

**Companies:** Indian Oil Corporation
**Countries:** Iran, United States, India

[Read the full story on Zee News](https://zeenews.india.com/economy/global-crude-prices-rise-0-73-as-us-iran-talks-stall-3042513.html)

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