Oil Up, Stock Futures Slip as Iran Offer Rejected: Markets Wrap
Brent crude fell 0.85% to $97.48 a barrel and West Texas Intermediate slipped 0.35% to $90.51 at Monday's open after President Donald Trump said new U.S. attacks on Iran were highly unlikely while talks to end the conflict progress. Both nations continue to report attacks on ships in or near the Strait of Hormuz. The decline follows a week of volatility triggered by Republican midterm losses and shifting diplomatic signals. European benchmark gas traded at 89.69 euros per megawatt-hour. Copper futures fell 1.3% to $13,841 a metric ton.
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- β Brent crude fell 84 cents, or 0.85%, to $97.48 a barrel at Monday's open.
- β West Texas Intermediate fell 32 cents, or 0.35%, to $90.51 a barrel at Monday's open.
- β President Trump said he was highly unlikely to order new Iran attacks while talks to end the conflict make progress.
- β Both the U.S. and Iran report attacks on ships in or near the Strait of Hormuz.
What changed
President Trump stated new Iran attacks are highly unlikely as talks progress, reversing prior escalation fears and triggering a Monday oil-price drop.
Live updates
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Oil Drops as Trump Says New Iran Attacks Unlikely
Brent crude fell 0.85% to $97.48 a barrel and West Texas Intermediate slipped 0.35% to $90.51 at Monday's open after President Donald Trump said new U.S. attacks on Iran were highly unlikely while talks to end the conflict progress. Both nations continue to report attacks on ships in or near the Strait of Hormuz. The decline follows a week of volatility triggered by Republican midterm losses and shifting diplomatic signals. European benchmark gas traded at 89.69 euros per megawatt-hour. Copper futures fell 1.3% to $13,841 a metric ton.
Why it matters
Markets have swung on conflicting signals about U.S.-Iran escalation since the midterm elections weakened President Trump's political position. Diplomatic talks now offer a potential off-ramp, but repeated shipping attacks in the Strait of Hormuz keep supply disruption risks alive. Traders are pricing in de-escalation while monitoring whether reported attacks on vessels cease and whether negotiations produce a durable agreement.
What is confirmed
- Brent crude fell 84 cents, or 0.85%, to $97.48 a barrel at Monday's open.
- West Texas Intermediate fell 32 cents, or 0.35%, to $90.51 a barrel at Monday's open.
- President Trump said he was highly unlikely to order new Iran attacks while talks to end the conflict make progress.
- Both the U.S. and Iran report attacks on ships in or near the Strait of Hormuz.
- European benchmark gas traded down 1.1% to 89.69 euros a megawatt-hour.
- Copper futures fell 1.3% to $13,841 a metric ton.
Still unconfirmed
- Risk of war with Iran lowered after midterm elections per CNN transcript.
- Oil futures plunged as traders priced in a possible diplomatic path between the U.S. and Iran per e8 Markets blog.
What to watch next
- Progress or breakdown in U.S.-Iran talks to end the conflict
- Frequency and severity of reported attacks on shipping in the Strait of Hormuz
- U.S. political developments following Republican midterm losses and staff changes
confidence 88%Sources used for this update (5)
- www.cnbc.com β Oil rises as investors weigh uncertainties around Iran war
- www.marketscreener.com β Oil Prices Stay Below $100 as Traders Weigh Iran Diplomacy, Supply Outlook -- Commodities Roundup
- transcripts.cnn.com β Trump Chief of Staff Susie Wiles Resigns; Three U.S. Justice Department Officials Resign; Risk of War with Iran Lowered after Midt....
- www.cnbc.com β Oil falls as Trump says new Iran attacks 'unlikely'
- blog.e8markets.com β Oil Futures Plunge as U.S.βIran De-Escalation Hopes Reshape ...
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Oil Prices Rise as Iran Rejects US Hormuz Proposal
Oil prices are climbing and stock futures are falling after the US rejected an Iranian proposal for a Hormuz Strait agreement. Market analysts now expect elevated oil prices to persist through 2028 due to heightened risks to global energy supplies. While US equity futures initially rose when crude fell to $115 a barrel, they subsequently declined. Brent crude remains more than 60 percent higher than pre-war levels despite a recent rebound in supply flows.
Why it matters
The Strait of Hormuz is a critical chokepoint for global energy transit. A prolonged conflict in the Middle East has shifted inflation projections and volatility in equity markets.
What is confirmed
- Brent crude prices are up more than 60 percent compared with pre-war levels.
- Oil is a non-renewable energy source.
Still unconfirmed
- Markets expect oil prices to remain elevated through 2028.
What to watch next
- Outcome of the seven non-negotiable conditions set by Iran
- Further signals from Washington regarding the timeline for diplomacy
confidence 70%Sources used for this update (7)
- www.globalbankingandfinance.com β Latest Banking & Finance News & Analysis
- bkvenergy.com β Crude Oil & Petroleum Explained: A Complete Guide - BKV Energy
- www.rigzone.com β Oil Slips as Iran Diplomacy Picks Up - Rigzone
- www.americanthinker.com β VDH Is Not Optimistic About Europe...Or America
- www.aljazeera.com β Oil flows are up as Iran war turmoil eases. Why do prices ...
- capwolf.com β Iran Rejects US Deal Hormuz Reopening Stalls Oil Markets
- www.energyconnects.com β Oil Slides as Report Says Trump to Give Iran Diplomacy More Time
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Oil Prices Rise as US Rejects Iran's Hormuz Strait Proposal
Oil prices are increasing and stock futures are declining after the US rejected Iran's proposal for a Hormuz Strait agreement. This development has heightened risks to global energy supplies, leading to a reassessment of inflation projections. Markets now expect oil prices to remain elevated through 2028. The US equity futures initially rose as crude oil fell to $115 a barrel but later slipped.
Why it matters
The ongoing tensions between the US and Iran have significant implications for global energy markets. The Hormuz Strait is a critical waterway for oil transportation, and any disruptions to it can have far-reaching consequences for the global economy. The US rejection of Iran's proposal has added to the uncertainty, driving up oil prices and affecting stock futures.
What is confirmed
- Oil prices are rising and stock futures are falling after the US rejected Iran's proposal for a Hormuz Strait agreement.
- The US equity futures initially rose as crude oil fell to $115 a barrel but later slipped.
- Repeated supply shocks are driving a lasting reconfiguration of trade routes and energy corridors, and tail risks remain elevated.
- Markets now expect oil prices to remain elevated through 2028.
Still unconfirmed
- Energy markets are adapting to the Iran war as a βforever conflictβ.
What to watch next
- US central bank rate decisions
- Further developments in US-Iran negotiations
- Changes in global oil supply and demand
confidence 75%Sources used for this update (3)
- www.tradingkey.com β Todayβs Market Recap: OpenAI Revenue Concerns; Nasdaq Falls 1.25%, AAOI Drops 13.58%, Brent Gains 4.07%
- fortune.com β Energy markets are adapting to the Iran war as a βforever ...
- sg.finance.yahoo.com β US equity futures climb as crude oil price dips - Yahoo Finance
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Oil Up, Stock Futures Slip as Iran Offer Rejected
Oil prices are rising and stock futures are falling after the US rejected Iran's proposal for a Hormuz Strait agreement, with Tehran calling the US response insufficient. This development has increased risks to global energy supplies and transportation budgets, leading to a reassessment of global inflation projections. Markets now expect oil prices to remain elevated through 2028.
Why it matters
The conflict in the region has been ongoing for eight months, and the failure of diplomatic engagements has significant implications for the global economy. The Hormuz Strait is a critical waterway for oil shipments, and any disruption to it can have far-reaching consequences. The US and Iran have been engaged in tense negotiations, with the US imposing sanctions on Iran and Tehran responding with increased military activity.
What is confirmed
- Oil prices are expected to stay elevated through 2028
- The US rejected Iran's proposal for a Hormuz Strait agreement
- Tehran described the US response as insufficient
- The conflict has been ongoing for eight months
Still unconfirmed
- Saudi Arabia is turning to Iran amid Houthi strikes
What to watch next
- Iran's response to the US rejection
- Further developments in the US-China trade truce
- OPEC's assessment of the global oil market
confidence 90%Sources used for this update (5)
- investinglive.com β Session wrap
- www.mitrade.com β Weekly Market Wrap: AI spending hit a reality check β and Starlink rewrote the telecom trade
- timesofindia.indiatimes.com β Saudi Arabia Turns To Iran Amid Houthi Strikes, Dealing Trump A Major Gulf Blow? - Times of India Videos
- www.rigzone.com β Oil Slips as Iran Talks Fuel Volatility - Rigzone
- www.markets.com β Oil Price Today Falls Toward $108 as Iran Keeps Hormuz ...
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Oil Prices Rise as Traders Forecast Long-Term Iran War Impact
Crude oil prices are climbing and stock futures are declining after the US rejected Iran's proposal for a Hormuz Strait agreement. Tehran described the US response as insufficient. While markets first viewed the conflict as a temporary disruption, traders now expect oil prices to stay elevated through 2028. This shift forces a reassessment of global inflation projections eight months into the war. The failure of diplomatic engagements increases risks to global energy supplies and transportation budgets.
Why it matters
The conflict has persisted for eight months, exhausting the buffers that initially absorbed energy shocks. The Strait of Hormuz remains a critical chokepoint for global oil transit. Continued instability there threatens to turn a short-term price spike into a multi-year inflationary trend.
What is confirmed
- The US rejected Iran's proposal for a Hormuz Strait agreement.
- The Iran war has lasted eight months.
- Oil markets originally viewed the Iran war as a short bullish disruption in a long-term bearish trend.
Still unconfirmed
- Traders believe oil prices will remain elevated through 2028.
- The current energy market state is forcing a rethink of the global inflation outlook.
What to watch next
- Further diplomatic responses from Tehran regarding the rejected Hormuz proposal
- New data on global inflation adjustments tied to energy costs
confidence 80%Sources used for this update (3)
- www.breakthroughfuel.com β Iran War: Weekly Energy Market Update & Impacts
- boereport.com β Oilβs long view darkens as Iran war refuses to end: Bousso
- www.thedailystar.net β Oilβs long view darkens as Iran war refuses to end
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Oil Up, Stock Futures Slip as Iran Offer Rejected
Crude oil futures show significant volatility due to US-Iran tensions and geopolitical uncertainties. Iran's proposal for a Hormuz Strait agreement was rejected by the US, with Tehran calling the response 'insufficient'. This development has impacted global supply risks and energy markets. Stock futures slipped while oil prices rose amid ongoing diplomatic engagements.
Why it matters
The ongoing tensions between the US and Iran have been affecting global markets, particularly energy companies and broader stock markets. Rising oil prices and inflation worries have intensified, contributing to market volatility. The Strait of Hormuz, a critical waterway for oil shipments, remains a focal point in these tensions.
What is confirmed
- Crude oil futures are expected to show significant volatility due to ongoing geopolitical uncertainties involving US-Iran negotiations and tensions in West Asia.
- Iran's peak monthly fuel prices under Biden were $4.93 for gasoline and $5.75 for diesel, both in June 2022.
- The US response to Iran's Hormuz proposal was deemed 'insufficient' by Tehran.
Still unconfirmed
- The war with Iran has turned the Republican talking point about Biden-era fuel prices on its head.
What to watch next
- US-Iran diplomatic engagements and potential military strikes
- Global oil supply and demand dynamics
- November fuel price trends
confidence 70%Sources used for this update (5)
- energy.economictimes.indiatimes.com β Crude Oil Futures Face Extreme Volatility Amid US-Iran Tensions, ETEnergyworld
- sonar21.com β Diesel Is the Number That Will Decide November
- help.naver.com β Futures Flat As Oil Rebounds After Trump's "Energy Ceasefire" Unravels, Memory Stocks Slide | ZeroHedge
- economictimes.indiatimes.com β iran us conflict impact on markets: Latest News & Videos ...
- tfiglobalnews.com β Iran Hormuz Proposal: Why Tehran Calls US Reply βInsufficientβ
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Oil Rises and Stock Futures Slip Following Rejected Iran Offer
Global stock markets dropped and equities extended losses as inflation worries intensified alongside rising oil prices. Crude prices initially climbed sharply before closing lower after International Energy Agency member states announced readiness to release additional strategic reserves. Investors closely monitored geopolitical tensions surrounding the Strait of Hormuz and ongoing diplomatic developments involving US-Iran negotiations and sanctions. Energy companies saw shares rise sharply alongside oil futures after an attack on a vessel near Qatar, while broader markets reacted to volatile trading sessions and shifting reports regarding potential military strikes.
Why it matters
Crude oil prices have shown significant upward movement over the past month and year, driven by supply concerns and geopolitical conflicts. These energy market fluctuations directly impact broader economic inflation fears and stock valuations. Diplomatic interventions and strategic petroleum reserve releases serve as primary mechanisms to stabilize these volatile energy commodities.
What is confirmed
- Crude Oil rose to 95.16 USD/Bbl on September 28, 2026, up 2.97% from the previous day.
- Equities extended losses as inflation fears were stoked by a fresh jump in oil prices following a report that said Donald Trump was considering more Iran strikes ahead of next month.
- Stocks rose Friday morning as tech shares bounced back from a rough trading session and oil prices fell after President Trump vowed not to strike Iran before the midterm elections.
Still unconfirmed
- Iran attacked a vessel near Qatar, likely slowing oil shipments through the Strait of Hormuz.
What to watch next
- Decisions by International Energy Agency member states regarding the actual release of additional strategic reserves.
- Further diplomatic developments and negotiations between the United States and Iran.
confidence 90%Sources used for this update (13)
- www.cnbc.com β Crude Oil Prices Today and Oil Market News - CNBC
- oilprice.com β Crude Oil Prices Today | OilPrice.com
- en.wikipedia.org β Oil - Wikipedia
- oilprice.com β Oil News Today | OilPrice.com
- en.wikipedia.org β Petroleum - Wikipedia
- tradingeconomics.com β Crude Oil - Price - Chart - Historical Data - News
- www.liveoilprices.com β Live Oil Prices β Real-Time Crude Oil & Energy Market Data
- markets.businessinsider.com β Crude Oil Price Today | WTI OIL PRICE CHART | OIL PRICE PER...
- finance.yahoo.com β Stocks fall further as oil spike fans fresh inflation worries
- nypost.com β Stocks rise as tech shares rebound, oil prices slip after Trump vows not to strike Iran before midterms
- mettisglobal.news β Oil prices slip on US-Iran peace hopes, Brent set for weekly gain
- www.marketscreener.com β Energy Up With Oil Futures -- Energy Roundup | MarketScreener
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Oil Rises and Stocks Fall Amid Hormuz and IEA Reserve Reports
Global stock markets dropped following a volatile trading session for oil on Wednesday. Crude prices climbed sharply at first before closing lower as International Energy Agency member states announced readiness to release additional strategic reserves. This market reaction comes as investors monitor escalating geopolitical tensions surrounding the Strait of Hormuz and ongoing diplomatic developments involving US-Iran negotiations and sanctions.
Why it matters
Market volatility reflects acute sensitivity to supply disruptions in the Strait of Hormuz, a critical transit route for global crude shipments. The readiness of International Energy Agency member states to release strategic reserves serves as a potential buffer against supply shocks. Traders continue to weigh these energy interventions against broader geopolitical headwinds affecting international equities.
What is confirmed
- Stock markets slid on Wednesday following a volatile day of trading for oil.
- International Energy Agency member states stated they were ready to release more strategic reserves.
What to watch next
- Actual deployment or release of strategic reserves by International Energy Agency member states.
- Further developments regarding US-Iran talks and the Strait of Hormuz.
confidence 100%Sources used for this update (2)
- finance.yahoo.com β Oil rises and stocks fall as Hormuz worries flare Oil rises ...
- tradingeconomics.com β Commodity Brent Crude Oil News 538943 - TRADING ECONOMICS
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Indian Markets Fall as US-Iran Tensions Hit Global Assets
Indian markets recorded a downturn on Monday, with the Nifty dropping below the 24,000 threshold due to profit-taking and intensifying geopolitical concerns. IT and Auto stocks experienced heavy selling pressure while the India VIX climbed higher to signal increased market fear. Global investors and analysts maintain a cautious outlook, focusing closely on developments surrounding US-Iran talks and the Strait of Hormuz. Meanwhile, crude oil prices advanced and equity futures pulled back earlier following President Donald Trump rejecting an Iranian truce offer and refusing to ease sanctions during Qatari peace talks.
Why it matters
Geopolitical tensions in the Middle East continue to drive market volatility, directly impacting oil prices and investor sentiment globally. Analysts advise caution as traders monitor diplomatic developments between the United States and Iran alongside critical shipping lanes like the Strait of Hormuz. These geopolitical friction points overshadow separate domestic market pressures such as profit-taking in specific sectors.
What is confirmed
- Indian markets experienced a downturn on Monday, with the Nifty closing below 24,000 due to profit-taking and geopolitical concerns.
- IT and Auto stocks faced selling pressure during the Monday session.
- The India VIX increased, indicating heightened market fear.
- Crude oil prices advanced and US equity futures pulled back following President Donald Trump's rejection of an Iranian truce offer.
Still unconfirmed
- Analysts suggest a cautious market outlook with attention focused on US-Iran talks and the Strait of Hormuz.
What to watch next
- Further updates on US-Iran diplomatic talks and sanction details
- Developments regarding security and shipping traffic in the Strait of Hormuz
confidence 100%Sources used for this update (3)
- economictimes.indiatimes.com β STOCK MARKET REACTION IRAN SPEECH - The Economic Times
- www.thedailystar.net β Shares, oil slip awaiting US details of Iran sanctions
- timesofindia.indiatimes.com β Ireland Education Fair concludes in Pune | Pune News
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Oil Rises and Futures Slip After Trump Rejects Iran Truce Offer
Crude oil prices advanced and US equity futures pulled back on Monday following President Donald Trump's rejection of an Iranian truce offer. Brent crude climbed back above $106 a barrel, reversing earlier declines driven by supply recovery expectations. The market reversal occurred after Trump denied willingness to ease sanctions on Iran during Qatari peace talks. Earlier trading had shown stock futures moving higher in anticipation of the September nonfarm payrolls report, which provides a key labor-market test for fourth-quarter economic projections and Federal Reserve interest rate policy.
Why it matters
The rejection of the Iranian proposal keeps geopolitical tensions high around critical shipping lanes like the Strait of Hormuz. Energy markets remain extremely sensitive to Middle Eastern diplomatic developments and potential supply disruptions. Meanwhile, macroeconomic indicators such as upcoming labor data continue to influence broader equity sentiment as investors weigh central bank monetary policy paths.
What is confirmed
- Crude oil prices rose and US equity futures pulled back after President Donald Trump rejected an Iranian proposal.
- Brent crude climbed back above $106 a barrel.
- President Trump denied that he is willing to ease sanctions on Iran amid Qatari peace talks.
Still unconfirmed
- Negotiations between the United States and Iran might resume this week despite the rejected terms.
What to watch next
- The release of the September nonfarm payrolls report.
- Subsequent updates on US-Iran diplomatic talks and potential negotiations.
- The Federal Reserve's upcoming rate decision.
confidence 100%Sources used for this update (3)
- www.cnbc.com β Oil climbs after Trump denies he is willing to ease sanctions on Iran
- www.thedailystar.net β Oil prices spike after Trump rejects Iran truce offer
- theedgemalaysia.com β Global-markets - The Edge Malaysia
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Oil Rises and Futures Slip After Trump Rejects Iran Hormuz Offer
Crude oil prices advanced and US equity futures pulled back after President Donald Trump rejected an Iranian proposal to reopen the Strait of Hormuz. Despite turning down the latest terms, Trump indicated that negotiations between the two sides might resume this week. Earlier market activity saw stock futures trading higher ahead of the September nonfarm payrolls report, which served as a crucial labor-market test for the fourth quarter and a key input for the Federal Reserve's upcoming rate decision. European shares rose earlier with support from automotive and pharmaceutical sectors while tech stocks dropped.
Why it matters
The rejection of the Iranian proposal directly impacts global energy supplies and maritime trade through the vital Strait of Hormuz. Regional tensions continue to heavily influence market sentiment and commodity pricing. Meanwhile, traders monitor macroeconomic data releases, including labor market reports, to gauge the path of Federal Reserve monetary policy.
What is confirmed
- President Donald Trump rejected Iran's latest proposal to reopen the Strait of Hormuz.
- President Donald Trump stated that negotiations may resume this week.
- Oil advanced and US equity futures slipped following the rejection.
Still unconfirmed
- US stock futures were higher early Friday as investors braced for the September nonfarm payrolls report.
What to watch next
- Whether negotiations between the US and Iran resume this week
- Further developments regarding the Strait of Hormuz reopening proposals
- Upcoming Federal Reserve rate decisions influenced by labor market reports
confidence 90%Sources used for this update (7)
- www.si.com β Kalshi NFL Prediction Markets 2026: What Can You Trade?
- www.zerohedge.com β Futures Rise As Oil Drops, Dragging Rates Lower | ZeroHedge
- theedgemalaysia.com β Oil up, stock futures slip as Iran offer rejected
- stocktwits.com β Nasdaq, S&P 500, Dow Futures Rise Ahead Of Jobs Report: NKE, META, RKLB, MRNA, SLS, TSLA Stocks In Focus
- www.home.saxo β Asia Market Quick Take β 17 August, 2026 | Saxo
- www.interactivebrokers.com β Nasdaq 100 Hits Record High as Soft Payrolls Quell Rate Hike Bets: Oct. 2, 2026
- wallmanac.com β νΈλΌν, μ΄λ νΈλ₯΄λ¬΄μ¦ μ¬κ°ν΅ μ μ κ±°λΆλ‘ μ κ° λ°λ±Β·λ―Έ μ¦μ μ λ¬Ό μ½μΈ
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Oil Rises and Stock Futures Slip Following Rejected Iran Deal
Crude oil prices climbed after President Trump rejected an Iranian proposal to reopen the Strait of Hormuz. Stock futures slipped as markets reacted to the diplomatic setback and rising regional tensions. In broader market movements, European shares rose with support from pharmaceutical and auto sectors, while technology stocks weakened. Meanwhile, Indian equity markets experienced a sharp decline on Monday, with the Sensex plunging significantly to its lowest closing level since March 30, 2026, and the Nifty 50 falling as 47 of its 50 constituents ended lower.
Why it matters
Geopolitical friction surrounding key maritime trade routes like the Strait of Hormuz continues to exert a direct influence on global commodities and investor sentiment. Diplomatic proposals between the United States and Iran have faced hurdles, creating immediate volatility in energy markets. These disruptions feed broader anxiety across international equities as traders monitor central bank decisions and sector-specific performance.
What is confirmed
- Oil prices gained over 1% after President Trump rejected an Iranian proposal to reopen the Hormuz Strait.
- Stock futures slipped as markets reacted to the rejected Iran offer.
- The Sensex plunged 1,124.02 points, or 1.52 percent, to 72,771.72 on Monday.
- The Nifty 50 fell 360.25 points, or 1.56 percent, to 22,780.25 on Monday.
Still unconfirmed
- Crude oil later erased its gains following a Saudi pipeline restart and a US offer of sanctions relief.
What to watch next
- Further diplomatic developments regarding the Strait of Hormuz
- Upcoming central bank interest rate decisions
- Movements in global stock indices and futures
confidence 95%Sources used for this update (14)
- WSJ β Oil Prices Fall as U.S.-Iran Diplomacy and Regional Tensions Remain in Focus
- Barchart.com β Crude Prices Fall Sharply in Hopes of a Deal to Reopen Hormuz
- Reuters β Oil rebounds after Trump rejects Iran peace deal
- Bloomberg.com β Oil Up, Stock Futures Slip as Iran Offer Rejected: Markets Wrap
- CNBC β Oil gains over 1% as Trump rejects Iranian proposal to reopen Hormuz Strait
- www.marketscreener.com β European Midday Briefing : Shares Rise, Oil Moves Higher After Trump Rejects Iran's Peace Deal
- www.thehindubusinessline.com β Stock Market Highlights, Sept 28: Sensex tanks 1,124 points, Nifty ends below 22,800 - The HinduBusinessL....
- www.home.saxo β Asia Market Quick Take β 17 August, 2026 | Saxo Bank
- www.brisbanetimes.com.au β ASX sharemarket: Local stocks post modest gains as investors brace for RBA interest rate decision
- www.mitrade.com β Crude Oil round-trips between a rejected Iran plan and a sanctions offer
- www.nbr.co.nz β Trump sends mixed messages to Iran - NBR
- flipboard.com β A Hindu temple outside Paris has become a source of tension
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