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Oil falls as hopes for a US-Iran truce outweigh Houthi attacks

2 sources · first seen 06:41 25 Sept · updated 08:48 25 Sept

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Part of a developing story42 updates over 5 days

US-Iran standoff over reopening the Strait of Hormuz

Oil rose as Iran threatened to widen the conflict and held to a seven-day proposal to reopen the Strait of Hormuz, while Trump rejected the proposal. Iran said indirect talks with the US remained open; Trump said the conflict could end soon but did not rule out further strikes.

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2 reports · earliest 06:41
ReutersOil slides as US-Iran truce hopes outweigh Houthi attacks on Saudi Arabia06:41Investing.comOil slides as US-Iran truce hopes outweigh Houthi attacks on Saudi Arabia08:48