Oil prices fall 2% as US, Iran explore phased path out of war
Brent crude settled at $104.32 a barrel and WTI at $92.41. Traders also weighed talk of a possible US diesel export ban and disruptions to Saudi oil flows from Houthi attacks.
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Brent crude settled at $104.32 a barrel and WTI at $92.41. Traders also weighed talk of a possible US diesel export ban and disruptions to Saudi oil flows from Houthi attacks.
Russian President Vladimir Putin said Moscow was ready to resume negotiations with Kyiv after last week's parliamentary elections, but cited Ukrainian attacks.
ArcelorMittal SA (NYSE: MT ) said Friday it cannot safely and sustainably restart operations at its ArcelorMittal Kryvyi Rih plant in Ukraine after a series of missile strikes damaged the site and killed employees. The decision follows company statements issued on Aug. 17 and Sept. 14 after earlier attacks on the facil
EXECUTIVE SUMMARY * MNI FED: Gov Barr: Base Case Is For Further Hikes: #83aa171c-7fc4-49fd-82f5-351bcb071d96 * MNI IRAN: Security Chief Says In No Rush To Negotiate: #5df7e2ac-e490-4920-91fd-84069fe559a3 * MNI IRAN: Pezeshkian Talks On Nuclear, Hormuz & US Stance In UN Address: #c9b6854d-8cab-47cb-8646-ce411062279c * M
Brent crude rose above $103 a barrel on Wednesday after five consecutive sessions of losses, as uncertainty persisted over progress in US-Iran talks. Iran’s President Masoud Pezeshkian said at the UN General Assembly that Tehran remained open to diplomacy but would not negotiate under pressure, while Iran’s military wa
Crude oil hovered around $92 a barrel on Wednesday after reaching nearly $93 earlier in the session, remaining above the flatline amid uncertainty over US-Iran talks and diplomatic developments in Ukraine. Ukrainian President Zelenskyy called on US President Trump to organize a trilateral meeting with Russian President
Ukrainian President Volodymyr Zelenskyy urged President Donald Trump to set up a trilateral meeting with Russian President Vladimir Putin to hasten the resolution of the ongoing conflict. Zelenskyy, during a discussion with Trump at the sidelines of the United Nations General Assembly (UNGA) in New York on Tuesday, out
Russia's state-run Interfax confirms that the meeting on the sidelines of the UN General Assembly in New York City between US Secretary of State Marco Rubio and Russian Foreign Minister Sergey Lavrov is underway. The meeting is the fifth between the two since 2025. Interfax: "Lavrov previously stated that he plans to d
President Donald Trump stated that the U.S. is in the midst of negotiating a deal to procure potash from Belarus. Trump, on Monday, took to Truth Social and stated that the U.S. is negotiating a “massive deal” for potash procurement. “The pricing would be for substantially less than we are currently paying to Canada,
Volodymyr Zelenskiy will meet Donald Trump at the United Nations in New York on Tuesday to push for an energy truce with Russia.
The Kremlin said on Monday that the far-right Alternative for Germany's (AfD) first place in a state election in northeastern Germany was in large part due to Berlin no longer buying cheap Russian gas and choosing to buy expensive US energy instead. "The decline in the competitiveness of the German economy is largely d
Trump returns as UN faces financial, political pressure AI joins wars as top concern for world leaders Xi bypasses UN General Assembly for Trump meeting Search begins for successor to UN chief Guterres By Antoni Slodkowski UNITED NATIONS, Sept 20 (Reuters) — World leaders gather in New York this week for the UN General
Putin says Ukraine hindering peace talks Says Russia must develop nuclear triad, air defences Ukraine says Russian vote is pseudo election Sept 18 (Reuters) — Russian President Vladimir Putin said on Friday that Ukraine was deliberately hindering talks aimed at ending the 4 1/2-year-old war and accused Kyiv of interfer
Sept 18 (Reuters) — For other diaries, please see: Political and General News POL/DIARY Top Economic Events M/DIARY Emerging Markets Economic Events EMRG/DIARY Government Debt Auctions D/DIARY U.S. Federal Reserve FED/DIARY Today in Washington WASH/DIARY This diary is filed daily. ** Indicates new events Friday, Septem
AfD wants return of Russian gas to bolster economy Putin envoy Dmitriev could meet AfD leadership in early 2027 Gathering shows AfD closeness to Moscow By John O'Donnell BERLIN, Sept 18 (Reuters) — Russian President Vladimir Putin's top economic envoy and Germany's far-right AfD leadership have begun preparations to me
Vote will determine make-up of 450-seat State Duma United Russia is widely expected to retain dominance in tightly controlled political system Initial partial results are expected from 1800 GMT on Sunday (Recasts, adds voter quotes in paragraphs 7-9, details, colour, context) By Andrew Osborn MOSCOW, Sept 18 (Reuters)
China Urges Iran, US To Return To Islamabad Pact, Open Hormuz - Russia Strikes Energy Sites In Ukraine's Poltava - Ursula von der Leyen Backs Canada's 'Associate Membership' Bid - von der Leyen Pitches EU Security Council In Response To Trump, Putin - Traders Pull Back BoE Hike Bets After Inflation - House Democrats Se
A BRICS payment network could help the bloc expand local-currency trade and reduce reliance on Western financial channels, but building trust and common rules remains a major challenge, according to an executive of the BRICS Business Council. BRICS Payment System Faces Trust Hurdle A unified payment system for the 11-m
Wheat futures rose above $7.30 per bushel, rebounding from losses on September 4. The move follows renewed US efforts to end the Russia-Ukraine war failing to produce progress on restoring grain exports amid disrupted Black Sea shipments.
US envoys hailed “substantive” talks in Kyiv and Moscow, but Zelenskyy expects fighting into winter. Putin raised the possibility of wider mobilization and stepped up anti-West rhetoric; Kyiv said it hit four targets in Russia.
US envoys Steve Witkoff and Jared Kushner met Vladimir Putin in Moscow then spoke with Ukrainian President Volodymyr Zelenskyy in Kyiv, with analysts questioning prospects for a reinvigorated peace push.
US Defense Secretary extends Mideast deployments into 2027, with reports of heightened troop strain amid Iranian Army claims of latest attacks on US bases in Kuwait and the UAE.
Putin said Russia is ready for talks and does not want to freeze the conflict.
House Minority Leader Hakeem Jeffries (D-N.Y.) raised "serious concerns" about a Senate-passed Russia sanctions bill, warning that it could hand President Donald Trump sweeping tariff powers that Democrats fear he would abuse. Jeffries Warns Trump Could Abuse Authority "We haven’t had a conversation about it yet," Jeff
Brent crude held above $89 per barrel after a rebound, as Russia-Ukraine escalations refocused attention and Ukrainian strikes disrupted Russian refineries and ports.
Crude oil held above $83 per barrel after rebounding, with attention shifting to Eastern Europe as reports cite no results from Russia-Ukraine talks and Russia preparing to intensify the war.
But When Kyiv Regime Has No Desire For Talks, We Will Continue Our Special Military Operation Since Ukraine Is Trying To Escalate, We Continue To Create Wider Security Zone Alongside Russia-Ukraine Border Putin - Trump Phone Call Is Yet To Happen Kyiv's 'Terror' Actions Over Zaporizhzhia Nuclear Power Station Are Very
() -- Oil prices remained supported after Iran reportedly fired missiles at commercial vessels in the Strait of Hormuz, with a Qatari liquefied natural gas vessel said to have been hit, Commerzbank said in a note. The U.S. dollar was softer. Iran also warned that final talks won't begin while threats continue, wrote th
Ukraine's drone strikes fuel Russia's fuel supply crunch, prompting Putin to acknowledge shortages.