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News 2026-10-05 09:59 UTC
Persian Gulf crude exports have recovered to about 80% of pre-war levels, but oil remains stuck near $100 a barrel. Yet, getting volume through the Strait of Hormuz has not brought back cheap supply, as last week’s Brent price settled around $102.7 per barrel. Exports passed 14 million barrels a day last week for the f
News 2026-09-27 15:52 UTC
Trump said he expects additional talks with Iran after rejecting Tehran’s proposal to reopen the Strait of Hormuz and resume nuclear negotiations. Regional sources said another round of indirect dialogue could begin as early as Monday, with Qatari mediators working on a compromise.
News 2026-09-25 15:27 UTC
The proposal builds on an earlier agreement to extend a ceasefire, which collapsed in July. Oil prices fell slightly on news that Tehran made a new proposal to reopen the Strait of Hormuz, which Iran’s foreign minister said could unblock the key trading route within a week and restart talks to end the war. The proposal
News 2026-09-23 12:53 UTC
Markets finished broadly unchanged despite volatile Middle East headlines, with the S&P 500 flat and the US 10-year yield edging higher. Brent fell 1.1% to close below $100 a barrel for the first time in more than two weeks after reports suggested the gap between the US and Iran may be narrowing. Iran indicated it coul
News 2026-09-23 01:36 UTC
US heating oil prices fell below $4.90 per gallon, the lowest level in two weeks, as expectations of improved supply and progress in diplomatic talks eased immediate supply risks. Saudi Arabia restarted its East-West oil pipeline at a reduced rate after a drone-related shutdown, with Yanbu exports expected to resume. H
News 2026-09-22 15:12 UTC
Brent crude fell to around $100 a barrel on Tuesday, extending losses into a fifth session and reaching its lowest level in two weeks as traders continued to monitor diplomatic efforts to end the conflict with Iran. US President Trump told the UN that he believed the US would reach a deal with Iran right after the midt
News 2026-09-22 10:40 UTC
US gasoline futures fell to around $3.40 a gallon, extending losses for a second consecutive session, after reports that Iran proposed reopening Strait of Hormuz shipping within seven days, contingent on the US lifting its blockade. The statement bolstered hopes for a conflict resolution as President Trump is set to ad
News 2026-06-22 20:16 UTC
Trump says he could restart blockade quickly if needed and has total control of the Strait