Iran FM says ideas exchanged with Qatar, Hormuz reopening conditional
Iran discussed proposals with Qatari mediators for US; Hormuz reopening tied to Supreme Leader's conditions.
Iran discussed proposals with Qatari mediators for US; Hormuz reopening tied to Supreme Leader's conditions.
Trump denied an Axios report on Iran sanctions relief as a hoax, adding market uncertainty ahead of mediated talks.
Gold breaks below key channel support; a failed rally above 4,200 leads to position size reduction.
Crude finished a volatile session modestly higher, with supply fears trumping hopes of a US-Iran breakthrough after Trump dismissed the Hormuz proposal.
Goldman Sachs analysis finds a US diesel export ban would initially lower diesel prices but eventually raise gasoline prices and disrupt global markets.
Trump to speak from Oval Office at 2 p.m. ET about a $15B Iowa steel mill; crude oil settles up 18 cents at $92.59 after earlier high of $96.54.
Al Jazeera, citing a US official, says Trump is ready to ease sanctions and release frozen funds for nuclear progress.
Aragchi's New York stay was not extended; he met mediators, but the US did not accept their proposal and offered nothing constructive. Oil rose on the report.
Dallas Fed manufacturing index slipped to 9.8 in September from 11.6, though new orders and production rose.
Iran's foreign minister meets mediators in New York; oil and yields react as diplomacy continues after Trump's rejection.
Oil prices fell on reports of a possible resumption of US-Iran talks focused on an amended version of the seven-day Hormuz proposal.
Solana loses Friday gains as Iran deal optimism fades; markets await US-Iran talks and Fed.
Gold slumped 3.1% and tech futures declined as bond yields rose above 5.21%, while oil rallied 3.6% after Trump rejected Iran's Strait of Hormuz proposal.
Oil rose after Trump rejected Iran's proposal to reopen the Strait of Hormuz and threatened more bombing.
Goldman Sachs says a US diesel export ban would lower American prices by 4% and raise European costs by 2%, while risking higher gasoline prices at home.