OilWar
Oil Prices Jump 2% Amid U.S.-Iran Talks Stall and Houthi Attacks
Monday, September 28, 2026 at 08:23 AM
Brent crude surged 2.5% to $106.92 per barrel, and WTI climbed 2.3% to $94.49 per barrel. The price increase followed President Trump's rejection of Iran's proposal to end the conflict and reopen the Strait of Hormuz.
Further U.S.-Iran talks are anticipated this week. Houthi attacks on Saudi Arabia are also contributing to market concerns.
Source
Reported by @DeItaone on X.
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