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.
28/09/2026 22:2113 min read
Oil
Trump dismisses Axios Iran sanctions relief story as hoax
Trump denied an Axios report on Iran sanctions relief as a hoax, adding market uncertainty ahead of mediated talks.
28/09/2026 22:1215 min read
Oil edges higher after Trump rejects Hormuz reopening plan; diplomacy caps gains
Crude finished a volatile session modestly higher, with supply fears trumping hopes of a US-Iran breakthrough after Trump dismissed the Hormuz proposal.
28/09/2026 21:2320 min read
Fed's Cook says AI and oil sustain inflation pressure, rate hikes hinge on data
Fed's Lisa Cook warns AI and oil will sustain inflation, further rate hikes depend on data. Bowman no comment.
28/09/2026 21:0119 min read
Oil swings on Iran headlines, yields rise, stocks decline
Oil prices fluctuated on Iran deal talk, US Treasury yields rose, and stocks declined.
28/09/2026 20:234 min read
Goldman warns diesel export restrictions could raise US gasoline costs
Goldman Sachs analysis finds a US diesel export ban would initially lower diesel prices but eventually raise gasoline prices and disrupt global markets.
28/09/2026 19:317 min read
Trump to deliver Oval Office remarks on steel mill project
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.
28/09/2026 18:012 min read
New York Stay of Iranian Minister Not Extended
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.
28/09/2026 15:131 min read
Iran's FM Araqchi to hold talks with mediators in New York
Iran's foreign minister meets mediators in New York; oil and yields react as diplomacy continues after Trump's rejection.
28/09/2026 14:414 min read
Oil retreats as reports point to revived US-Iran talks on amended seven-day Hormuz plan
Oil prices fell on reports of a possible resumption of US-Iran talks focused on an amended version of the seven-day Hormuz proposal.
28/09/2026 12:454 min read
European session: Bond yields climb, gold slides 3.1%, oil jumps 3.6%, tech futures fall
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.
28/09/2026 12:018 min read
Oil prices climb after Trump rejects Iran's Hormuz deal and threatens more strikes
Oil rose after Trump rejected Iran's proposal to reopen the Strait of Hormuz and threatened more bombing.
28/09/2026 10:319 min read
Fed rate hike prospects trigger $1 trillion sell-off in gold, silver
Gold and silver lost about $1.05 trillion in combined market value on Monday amid rising expectations of a Federal Reserve rate hike.
28/09/2026 08:1111 min read
European equities open higher, oil and yields cap gains
European stocks opened slightly higher, but oil price gains and rising bond yields kept advances in check.
28/09/2026 07:365 min read
Transport costs emerge as the next phase of the oil crisis
Middle East conflict drives shipping costs to over a quarter of oil prices, keeping inflation risks alive even if crude stabilizes.
28/09/2026 07:128 min read