*Walter Bloomberg(@DeItaone):OIL JUMPS 2% AS U.S.-IRAN TALKS STALL Brent surged 2.5% to $106.92, while WTI climbed 2.3% to $94.49 after President Trump rejected Iran’s proposal to end the conflict and reopen Hormuz. Further U.S.-Iran talks are expected this week, while Houthi attacks on Saudi Arabia add to regional risks. Middle East exports are recovering, but analysts say the oil market remains in deficit, keeping upward pressure on prices.

2026.09.28 08:23

OIL JUMPS 2% AS U.S.-IRAN TALKS STALL Brent surged 2.5% to $106.92, while WTI climbed 2.3% to $94.49 after President Trump rejected Iran’s proposal to end the conflict and reopen Hormuz. Further U.S.-Iran talks are expected this week, while Houthi attacks on Saudi Arabia add to regional risks. Middle East exports are recovering, but analysts say the oil market remains in deficit, keeping upward pressure on prices.

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