Monday, 28 September 2026Updated 12m ago
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Market move● Neutral for Indian equities

Oil prices climb as Iran holds firm on Hormuz terms and Trump rejects proposal

2 sources · first seen 06:42 28 Sept · updated 06:55 28 Sept

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Crude oil66 todayIran49 todayStrait of Hormuz11 todayGeopolitics76 todayDonald Trump38 today

Linked by the tag Strait of Hormuz

49 stories this week
  1. 28 SeptPetrol, diesel prices today, September 28: How much does fuel cost in Delhi, Mumbai, Bengaluru?Market move · 2 sources · Oil prices rose more than 1% on Monday after Trump rejected Iran's peace deal
  2. 28 SeptCrude Oil Prices Rise 1% After Trump Rejects Iran Peace Proposal; Brent Near $98, Hormuz In FocusMarket move · 1 source · WTI fell 2.3% to settle at $92.41 a barrel
  3. 28 SeptOil gains over 1% as Trump rejects Iranian proposal to reopen Hormuz StraitMarket move · 1 source · Oil prices gained over 1% after Trump rejected Iran's proposal to end the conflict and reopen the Strait of Hormuz
  4. 27 SeptDonald Trump Expects More US-Iran Talks This Week: Reports1 source · Trump rejects Tehran’s seven-day plan to reopen the Strait of Hormuz
  5. 27 SeptEurope braces for LNG tug of war with AsiaMarket move · 1 source · EU gas stores are at record lows, raising competition with Asia for LNG cargoes
All Strait of Hormuz stories →
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.

Monday, 28 September

  1. Gold Declines As Hormuz Impasse Keeps Rate-Hike Bets Elevated
  2. More US Strikes On Iran? Trump Hints 'It's Possible'; Tehran Says Fully Prepared For 'Doomsday' War
  3. 2 sources
    Trump says US will win Iran war soon; does not rule out strikes before midterms
  4. 2 sourcesYou are here
    Oil prices climb as Iran holds firm on Hormuz terms and Trump rejects proposal
  5. 2 sources
    Oil rebounds after Trump rejects Iran peace deal
  6. 2 sources
    Oil rises as Iran holds to Strait of Hormuz proposal rejected by Trump

Sunday, 27 September

  1. Iran's foreign minister keeps indirect talks with the U.S. open; Iranian navy claims capture of underwater drone

See all 42 updates →

Read the reports

2 reports · earliest 06:42
CNBC-TV18Oil prices climb as Iran holds firm on Hormuz terms and Trump rejects proposal06:42Investing.comOil prices rise as Iran, U.S. remain at odds over Hormuz reopening06:55