Melt the white chocolate in a microwave-safe bowl in 30-second intervals, stirring in between, until smooth. Add vegetable oil for smoother consistency if desired.
Dip each pretzel rod into the melted chocolate, covering about two-thirds of the rod.
Immediately place a Peep on the chocolate-covered part of the pretzel rod. Gently press it in place.
If desired, sprinkle with sprinkles while the chocolate is still wet.
Place the Peeps Pretzel Rods on a parchment-lined baking sheet and let them set in the refrigerator for about 10-15 minutes.
Notes
Enjoy these Peeps Pretzel Rods as a fun and festive treat!