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Oil prices fall on cautious hopes for US-Iran progress
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- Sep 25, 2026, 2:51 PM UTC
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By Wayne Cole SYDNEY, Sept 28 (Reuters) - Share markets were mostly lower on Monday as oil prices popped higher again amid doubts the United States and Iran will reach a truce anytime soon, keeping
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 rose more than 1% 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.