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.
* Oil has continued to trend lower during Wednesday's APAC session as talks continue on the sidelines of this week's UN gathering. The fact negotiations are even taking place to facilitate Middle East energy shipments is driving optimism in markets but the situation remains very precarious. UST futures are higher, but
EXECUTIVE SUMMARY * TRUMP HAILS 'VERY GOOD' IRAN TALKS FOLLOWING ANNIHILATION THREAT - BBG: #cdbad0a1-5c8d-4cdb-9819-370162b99299 * ZELENSKY ASKS TRUMP FOR WINTER ARMS PACKAGE, EXPECTS ENERGY-CEASEFIRE PUSH - WSJ: #a4c79a68-e487-466b-a806-4885fa3200e0 * LASTING SHOCKS, FIRMING DEMAND REQUIRE FED ACTION - BARKIN - MNI
Oil has continued to trend lower during Wednesday's APAC session as talks continue on the sidelines of this week's UN gathering. The fact negotiations are even taking place to facilitate Middle East energy shipments is driving optimism in markets but the situation remains very precarious. Brent is down 1.1% to $98.14/b
US And Iran Officials Meet In New York To Discuss Ending The War - Witkoff: US Engaged In Lengthy Talks With Iranian Delegations At UNGA - Zelensky Says Russia Planning New Mass Attack On Ukraine - Macron Calls On Russia, Ukraine To Halt Strikes On Energy Infrastructure - Trump, Greenland And Denmark Sign Deal In Bid T
Oil prices fell again on the prospect of an increase in global supplies as the UN meetings allow talks to take place and Saudi looks to resume flows through its east-west pipeline in coming days. President Trump and Saudi-owned Al Arabiya said that US and Iranian delegations met and talks were productive. The latter re
Houthi fighters advanced in Yemen on Monday, aiming to cut off the Red Sea coast, amid a report that U.S. President Donald Trump had called off airstrikes against the group at the last minute. The Iran-backed group's advance threatens global energy supplies.
Moolenaar says enabling attacks 'tantamount to an act of war' Calls for redoubled efforts to block China key technologies Objections to US arms sales must be 'rejected out of hand' By David Brunnstrom WASHINGTON, Sept 18 (Reuters) — The Republican chair of the US congressional committee on China on Friday urged Preside
(Adds details on Taiwan in paragraphs 11-14) By David Brunnstrom and Joe Cash Sept 17 (Reuters) — U.S. President Donald Trump will welcome Chinese leader Xi Jinping next week for their second meeting this year, as the two leaders seek stability in a relationship under pressure over issues ranging from trade to Taiwan a
(Repeats item that ran earlier, with no change to text. The opinions expressed here are those of the author, a columnist for Reuters.) By Jamie McGeever ORLANDO, Florida, Sept 17 (Reuters) — As The Rolling Stones famously said, you can't always get what you want. Apparently, not even if you're the most powerful person
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Trump said he would rule out using a nuclear weapon against Iran and warned the U.S. would respond forcefully after Iranian retaliation.
Wealth management firm Creative Planning ‘s Chief Market Strategist Charlie Bilello has criticized President Donald Trump, accusing him of failing to deliver on campaign promises and claims, including lower gas prices. A ‘Painful’ New Reality for Americans In a series of posts on X on Monday, the analyst delivered shar
Trump Media & Technology Group Corp’s (NASDAQ: DJT ) new premium data service is drawing scrutiny and sharp criticism over its potential to give wealthy investors faster access to President Donald Trump’s market-moving Truth Social posts. Trump Media Launches Paid Truth API Trump Media launched its "Truth API" on Satur
US cancels attack on Iran
Radio host Alex Jones called for President Donald Trump’s impeachment over the U.S. conflict with Iran, arguing the administration has exceeded its constitutional authority and is moving toward a broader war. Jones Demands Impeachment On Tuesday, Jones urged Congress to remove Trump from office, saying the president’s
Rep. Thomas Massie (R-KY) slammed the President Donald Trump administration on Sunday amid the ongoing tensions between Washington and Tehran, saying that the situation has put the U.S. on the back foot. Iran War Weakened the U.S. In a post on the social media platform X, Massie delivered sharp criticism of Trump’s han
Kuwait halted all flights on Saturday after Iran launched one of its heaviest barrages of missiles and drones since the Middle East conflict began. Kuwait Airways has rescheduled most of its flights due to the temporary suspension of takeoff and landing operations at Kuwait International Airport, the airline said on Sa
As the U.S.-Iran conflict injects massive volatility into global energy markets, renowned investor Louis Navellier is urging traders to skip popular energy ETFs like United States Oil Fund LP (NYSE: USO ) and United States Brent Oil Fund LP (NYSE: BNO ) Instead, Navellier advises that investors should “prefer individua
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