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Oil prices fall on cautious hopes for US-Iran progress
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- Published
- Sep 26, 2026, 9:00 AM UTC
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By Amanda Cooper LONDON, Sept 28 (Reuters) - Global stocks fell on Monday, as oil jumped on the stalemate in US-Iranian talks and action in the Treasury market pointed to investors preparing for
LONDON, United Kingdom (AFP) -- Oil prices retreated Friday on reports of potential overtures to ending the US-Iran war, which helped support stock prices after a volatile week as investors tracked geopolitical tensions. Wall Street indices opened higher following slight gains in Europe and a mixed performance in…
Investing.com-- Oil prices climbed nearly 3% on Monday after Iran said it would not soften its conditions for reopening the Strait of Hormuz, after U.S. President Donald Trump rejected Tehran’s proposal, raising uncertainty over when traffic through the crucial oil shipping route will return to normal.