Story preview
Oil slides as US-Iran truce hopes outweigh Houthi attacks on Saudi Arabia
About this story
- Published
- Sep 25, 2026, 7:53 AM UTC
Continue reading on the publisher site for the full article.
Story preview
Continue reading on the publisher site for the full article.
Coverage
Tone
Outlets covering it
9
in the last 3 days
First reported
3 days ago
8 outlets since
Countries
8 other outlets reported this story in the last 3 days.
Context from Wikipedia on the organisations, people and places in this story.
Shia Islamist organization in Yemen
The Houthis, officially known as Ansar Allah or Ansarullah, are a Zaydi revivalist and Shia Islamist political and military organization that emerged from Yemen in the 1990s. It is predominantly made up of Zaydis, whose namesake leadership is drawn largely from the al-Houthi family. The Houthis are backed by Iran, and they are widely considered part of the Iranian-led Axis of Resistance.
More on Wikipedia ↗By Scott DiSavino NEW YORK, Sept 25 (Reuters) - Oil prices fell about 2% on Friday on mounting hopes for a truce between the US and Iran and talk about a possible US ban on diesel exports, even as
Iranian President Masoud Pezeshkian said it was up to the U.S. to choose when the Iran war will end.
NEW DELHI/PERTH: Oil prices fell on Friday as markets weighed the possibility of a truce between the US and Iran against concerns that increasing attacks against Saudi Arabia by Houthi rebels could disrupt supply from the key Middle Eastern producer.