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Oil Steadies With the US, Iran Said to Be Exploring Phased Deal

1 source · first seen 03:35 25 Sept · updated 03:35 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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1 report · earliest 03:35
BloombergOil Steadies With the US, Iran Said to Be Exploring Phased Deal03:35