Tuesday, 29 September 2026Updated 10m ago
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Oil cuts gains, Trump reportedly ready to ease Iran sanctions for nuclear progress

2 sources · first seen 22:15 28 Sept · updated 06:14 29 Sept

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Part of a developing story54 updates over 6 days

Oil and markets react to US-Iran tensions

Oil climbed above $106 a barrel as Iran threatened to widen the war and Trump rejected Iran’s peace offer, while stocks fell amid fears of prolonged conflict. Mediators were working on a deal to end fighting and reopen the Strait of Hormuz, but ceasefire talks remained deadlocked.

Tuesday, 29 September

  1. Oil Rises Amid Deadlock in U.S.-Iran Ceasefire Talks
  2. Wall Street falls, oil prices rise; markets brace for prolonged war
  3. 2 sources
    Oil Extends Gain as Iran Uncertainty Outweighs Saudi Pipe Return

Monday, 28 September

  1. 2 sourcesYou are here
    Oil cuts gains, Trump reportedly ready to ease Iran sanctions for nuclear progress
  2. Mediators working to broker US-Iran deal
  3. West Asia worries send benchmark indices to six-month low; third 1% plunge in 10 sessions
  4. Trump ‘no’ to Iran’s peace offer sends oil soaring

See all 54 updates →

Read the reports

2 reports · earliest 22:15
Investing.com IndiaOil cuts gains, Trump reportedly ready to ease Iran sanctions for nuclear progress22:15Financial ExpressTrump ready to ease Iran sanctions— US wants nuclear concessions first06:14