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Oil Prices Fall as Supply Concerns Ease on Hopes for US-Iran Talks
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- Published
- Sep 28, 2026, 3:16 PM UTC
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The U.S. and Iran are reportedly talking separately to mediators as part of renewed efforts to end the conflict, with regional mediators seeking negotiations.
- Uncertainty over Strait of Hormuz reopening keeps risk premium elevated in oil markets - Anadolu Agency
Oil prices rose for a second consecutive session on Tuesday as concerns over potential disruptions to Middle East supplies due to the US-Iran conflict outweighed signs of recovering crude exports from the region.