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Brent crude drops below $99 as US-Iran talks ease supply fears

newsbomb.gr (Greek) — September 23, 2026 at 01:01 AM UTC

Brent crude oil fell below $99 per barrel at the opening of Asian markets on Wednesday, marking a sixth consecutive session of losses, with prices down nearly 2% to around $98.5. The decline is attributed to signs of progress in US-Iran talks, with President Donald Trump calling a meeting with Iranian officials "very productive." Tehran has signaled it could reopen the Strait of Hormuz within seven days if Washington lifts restrictions on Iranian oil exports. Saudi Arabia is also working to restore exports via its East-West pipeline, bypassing the Strait of Hormuz. The drop provides relief to European markets after recent price surges, with the next key test being a potential Hormuz agreement and increased Saudi supply.

With a significance score of 2.5, this news ranks in the top 19% of today's 33432 analyzed articles.

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Most significant articles on this story:

[5.5]

Iran Offers to Reopen Strait of Hormuz Within Seven Days if US Eases Military Pressure (rfi.fr)

23h

Link Source (Chinese)

[5.2]

Iran offers to reopen Hormuz within a week if U.S. lifts blockade (cnbc.com)

13h

[5.0]

WTI crude tops $100 again as Middle East tensions fuel supply fears (diamond.jp)

<1h

Link Source (Japanese)

[4.8]

Iran offers to reopen Strait of Hormuz within 7 days if US eases pressure (shorouknews.com)

1d 10h

Link Source (Arabic)

[4.7]

Iran Ready to Reopen Strait of Hormuz if US Eases Pressure and Lifts Blockade (swissinfo.ch)

1d 9h

Link Source (Arabic)

[4.7]

Iran says it can reopen Strait of Hormuz in seven days if US lifts blockade (svd.se)

1d 6h

Link Source (Swedish)

[4.7]

Saudi Arabia to restart East-West pipeline, easing global oil prices (bbc.com)

22h

Link Source (Russian)

[4.4]

Iran denies dropping preconditions after three-hour UN talks in New York (theguardian.com)

8h

[4.3]

Oil price drops to $98 as Hormuz reopening hopes rise (nrk.no)

1d 7h

Link Source (Swedish)

[4.3]

Iran Signals Strait of Hormuz Reopening Within Seven Days; Oil Prices Drop (malayalam.news18.com)

1d 8h

Link Source (Malayalam)

[4.3]

Oil rises as U.S. shuts Iranian airlines, escalating Iran-U.S. tensions (cnbc.com)

1d 15h

[4.3]

Iran Offers to Reopen Strait of Hormuz in Seven Days, Oil Prices Drop Below $100 (quotidiano.net)

16h

Link Source (Italian)

[4.2]

Saudi Arabia reopens key pipeline as G7 urges Houthis to halt attacks (quotidiano.net)

23h

Link Source (Italian)

[4.0]

Oil prices drop below $100 as Saudi Arabia reopens Red Sea pipeline (nettavisen.no)

1d 3h

Link Source (Swedish)

[4.0]

Oil Prices Rebound as Brent Tops $100 Ahead of US-Iran UN Talks (novinky.cz)

1d 10h

Link Source (Czech)

[3.9]

Saudi Arabia's East-West pipeline resumes operations after drone attack (nos.nl)

23h

Link Source (Dutch)

[3.9]

Brent crude falls below $98 as Iran offers to reopen Strait of Hormuz (svd.se)

1d 9h

Link Source (Swedish)

[3.9]

Brent crude oil tops $100 per barrel again (newsit.gr)

<1h

Link Source (Greek)

[3.8]

Iran Offers to Reopen Strait of Hormuz if US Eases Military Pressure; Oil Prices Fall (news18.com)

1d 9h

[3.6]

Saudi Arabia rushes to restore East-West pipeline after attack on Pump Station 11 (wiwo.de)

15h

Link Source (German)

[3.5]

Oil prices ease as Saudi pipeline resumes, US-Iran talks progress (timesofindia.indiatimes.com)

17h

[3.5]

Oil falls below $100 as Saudi repairs pipeline and US-Iran talks hint at peace (rfi.fr)

12h

Link Source (Ukrainian)

[3.3]

Oil rises nearly 2% as Iran vows no surrender after US threat (channelnewsasia.com)

3h

[3.3]

Iran says it can reopen Strait of Hormuz in 7 days if US lifts blockade (realitatea.net)

1d 6h

Link Source (Romanian)

[3.3]

Iran denies Strait of Hormuz reopening offer, casting doubt on diplomatic progress (moneycontrol.com)

1d 6h

[3.2]

Saudi Arabia reopens Red Sea pipeline, oil falls below $100 a barrel (tv2.no)

24h

Link Source (Swedish)

[3.1]

Saudi Arabia restarts East-West crude pipeline after drone attack (mathrubhumi.com)

1d 2h

Link Source (Malayalam)

[3.1]

Oil falls as U.S. and Iran hold talks at UN meeting (cnbc.com)

18h

[3.0]

US-Iran talks ease oil prices, but shipping costs squeeze Asian refiners (business-standard.com)

1d 13h

[3.0]

Oil prices dip below $100 as US-Iran talks progress and Saudi pipeline resumes (economictimes.indiatimes.com)

17h

[3.0]

Saudi Arabia boosts Gulf oil exports after pipeline attack, data shows (deccanherald.com)

1d 17h

[2.9]

Saudi Arabia loads 12 million barrels in a day as Hormuz tanker traffic adapts (gulfnews.com)

17h

[2.9]

Oil prices slip as Iran hints at Strait of Hormuz reopening (hindustantimes.com)

1d 4h

[2.8]

Saudi Arabia restarts pipeline, oil prices fall on supply outlook (biz.nv.ua)

13h

Link Source (Ukrainian)

[2.8]

Saudi Arabia reroutes oil exports as Red Sea and Hormuz shipping face threats (timesofindia.indiatimes.com)

1d 13h

[2.7]

US and Iran hold three-hour talks on reopening Strait of Hormuz (zeenews.india.com)

17h

[2.5]

Oil prices rebound to $101 as US-Iran talks and supply risks shape market outlook (economictimes.indiatimes.com)

1d 17h

[2.5]

Brent crude drops below $99 as US-Iran talks ease supply fears (newsbomb.gr)

19h

Link Source (Greek)

[2.2]

Oil prices hit two-week low on Iran diplomacy hopes, Saudi pipeline restart (nbcnews.com)

1d 5h

[2.2]

Oil prices dip as Saudi pipeline restart boosts supply outlook (masrawy.com)

16h

Link Source (Arabic)

[2.0]

Saudi Arabia reopens East–West pipeline to Red Sea, easing VLCC demand (en.protothema.gr)

1d 3h

[1.9]

Oil slips below $100 as Saudi pipeline restart offsets Trump's UN remarks (economictimes.indiatimes.com)

24h

[1.9]

Oil Prices Edge Higher as Brent Futures Recover to $100.57 (masrawy.com)

1d 16h

Link Source (Arabic)

[1.9]

Oil Prices Test Key Support Levels as Supply Fears Ease (au.investing.com)

11h

[1.8]

Oil prices rise as US-Iran talks and Hormuz supply shifts weigh (thestar.com.my)

1d 15h

[1.8]

Brent crude falls to six-day low on US-Iran talks (invezz.com)

14h

Link Source (Dutch)

[1.7]

Oil holds near two-week lows as diesel cracks hit record peak (finance.yahoo.com)

9h

[1.7]

Oil prices fall as Saudi pipeline restarts and US-Iran talks ease supply fears (firstpost.com)

15h

[1.7]

Brent crude drops 10% as US-Iran talks raise hopes for Strait of Hormuz reopening (invezz.com)

14h

Link Source (Swedish)

[1.7]

Drone Strike Halts Moscow Oil Refinery Operations (korrespondent.net)

1d 21h

Link Source (Russian)

[1.7]

Saudi Aramco May Resume Yanbu Crude Loadings After Pipeline Attack (oilprice.com)

1d 8h

[1.6]

Oil holds near two-week lows as Gulf supply improves and Iran diplomacy advances (channelnewsasia.com)

10h

[1.6]

Oil prices edge up as markets await US-Iran talks at UN General Assembly (business-standard.com)

1d 16h

[1.5]

Oil Prices Climb as Traders Weigh US-Iran Diplomacy and Supply Risks (oilprice.com)

1d 12h

[1.5]

Oil prices slip 1% as Saudi supply recovers, Trump cools Iran deal hopes (thairath.co.th)

20h

Link Source (Thai)

[1.5]

Oil edges up as market awaits US-Iran talks at UN assembly (reuters.com)

1d 18h

Link Source [$]

[1.4]

Oil steadies as markets watch for U.S.-Iran talks at UN (cnbc.com)

1d 16h

[1.3]

Oil and Gold Fall in New York as Saudi Pipeline Restart Eases Supply Worries (nikkei.com)

23h

Link Source (Japanese)

[1.3]

Brent Crude Slips Below $99 as Supply Fears Ease (au.investing.com)

11h

[1.1]

Brent crude falls for sixth day on US-Iran talks optimism (invezz.com)

14h

Link Source (Portuguese)