Monday, 28 September 2026Updated 13m ago
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Market move▼ Bearish for Indian equities

US Stocks Decline as Middle East Stalemate Pushes Oil Higher

2 sources · first seen 16:45 28 Sept · updated 19:54 28 Sept

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Middle East27 todayWall Street35 todayGlobal markets121 todayCrude oil125 todayIran80 today

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Part of a developing story47 updates over 5 days

Iran conflict and oil market tensions

Oil rose amid threats to widen the Iran conflict and tensions over reopening the Strait of Hormuz. Trump rejected Iran’s peace proposal, and rising oil prices and yields weighed on markets; Indian benchmark indices fell to a six-month low, their third 1% plunge in 10 sessions.

Monday, 28 September

  1. West Asia worries send benchmark indices to six-month low; third 1% plunge in 10 sessions
  2. Trump ‘no’ to Iran’s peace offer sends oil soaring
  3. 2 sourcesYou are here
    US Stocks Decline as Middle East Stalemate Pushes Oil Higher
  4. 4 sources
    Wall Street futures fall as oil rises after Trump rejects Iran peace proposal
  5. Stock Market Today: Rejected Iran Truce Pushes Oil, Yields Higher
  6. ‘They were asking for everything up front:’ US Ambassador to UN Mike Waltz explains why Trump rejected Iran's proposal
  7. Hormuz Tensions: Iran Hits Back At US Over Strait Control, Points To Oil Price Premium

See all 47 updates →

Read the reports

2 reports · earliest 16:45
BloombergUS Stocks Decline as Middle East Stalemate Pushes Oil Higher16:45MoneycontrolUS stocks drop as Middle East stalemate pushes oil higher19:54