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Oil Prices Climb as Trump Rejects Iran Proposal, Keeping Markets Volatile

timesofindia.indiatimes.com — September 28, 2026 at 03:01 AM UTC

Oil prices rose Monday after US President Donald Trump rejected Iran’s peace proposal to end the conflict and reopen the Strait of Hormuz, keeping Middle East tensions high. Brent crude climbed 1.18% to $105.50 a barrel, while US West Texas Intermediate gained 0.77% to $93.12. The rejection followed Iran’s proposal conveyed through Qatari mediators at the UN General Assembly last week. Trump told Axios he expected further talks this week, leaving negotiations open. Tensions also rose after Yemen’s Saudi-led coalition intercepted missiles and drones launched by Iran-backed Houthis. Markets have been volatile for seven months since US and Israel struck Iran on February 28. Despite tensions, September crude exports from major Middle East producers hit 12.8 million barrels per day, the highest since the war began, with Strait of Hormuz flows expected near 7.4 million barrels daily.

With a significance score of 3.3, this news ranks in the top 11% of today's 33247 analyzed articles.

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[4.3]

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[4.2]

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[4.2]

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[4.1]

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[4.0]

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[4.0]

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[4.0]

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[3.9]

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[3.8]

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[3.8]

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[3.8]

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[3.7]

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[3.7]

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[3.6]

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[3.3]

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[3.2]

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[3.2]

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[3.1]

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[2.3]

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[2.2]

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[2.2]

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[2.2]

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[2.2]

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[2.2]

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[2.2]

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[2.2]

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[2.1]

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[2.1]

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[2.1]

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[2.1]

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[2.1]

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[2.1]

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[2.0]

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[2.0]

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[2.0]

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[2.0]

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[2.0]

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[1.9]

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[1.9]

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[1.9]

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1d 7h

[1.9]

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[1.9]

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1d 17h

[1.9]

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[1.9]

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1d 8h

[1.9]

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12h

[1.9]

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3h

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[1.9]

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1h

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[1.8]

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1d 6h

[1.8]

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1d 15h

[1.8]

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[1.8]

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15h

[1.8]

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[1.8]

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[1.8]

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1d 21h

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[1.8]

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[1.8]

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[1.8]

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[1.8]

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[1.8]

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[1.8]

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[1.8]

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[1.8]

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[1.7]

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[1.7]

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[1.7]

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[1.7]

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[1.7]

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1d 6h

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[1.7]

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[1.7]

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1d 5h

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[1.7]

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[1.7]

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1d 17h

[1.7]

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[1.7]

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[1.7]

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[1.7]

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1d 12h

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[1.6]

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1d 12h

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[1.6]

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[1.6]

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[1.6]

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[1.6]

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[1.6]

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[1.6]

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[1.5]

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[1.5]

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[1.5]

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1d 10h

[1.5]

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[1.5]

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[1.5]

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[1.5]

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[1.5]

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[1.5]

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[1.4]

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[1.4]

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[1.4]

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[1.4]

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1d 10h

[1.4]

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1d 18h

[1.4]

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[1.4]

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1d 13h

[1.4]

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[1.4]

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1d 9h

[1.4]

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[1.4]

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[1.4]

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[1.3]

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[1.3]

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[1.3]

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[1.3]

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1d 13h

[1.3]

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[1.3]

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[1.3]

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[1.3]

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1d 13h

[1.3]

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[1.3]

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[1.3]

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[1.3]

Gold rebounds 1.1% to $4,158 as traders await US data (economictimes.indiatimes.com)

5h

[1.3]

Sensex plunges 1,124 points as investors lose Rs 7 lakh crore in seven hours (zeenews.india.com)

24h

[1.2]

UK shares rise on homebuilder rally; metals cap gains (live.euronext.com)

1d 6h

[1.2]

Asian shares mixed as oil prices rebound (abcnews.com)

1d 10h

[1.2]

Asian Stocks Slide as Oil Prices Rise on Hormuz Tensions (usnews.com)

12h

[1.2]

Gold futures test key support and resistance levels (uk.investing.com)

1d 10h

[1.2]

Indian stock markets fall sharply as Sensex drops over 900 points (timesofindia.indiatimes.com)

1d 13h

[1.2]

Indian Markets Extend Losing Streak as Sensex Falls 1,037 Points (timesnownews.com)

1d 11h

[1.1]

Indian stocks fall as oil prices and US bond yields weigh (business-standard.com)

13h

[1.1]

Indian stocks fall as oil prices and foreign outflows weigh (thehindu.com)

12h

Link Source [$]

[1.1]

European markets rise on Wall Street gains; Milan up 0.37% (lagazzettadelmezzogiorno.it)

1d 2h

Link Source (Italian)

[1.1]

Indian shares fall sharply on weak global cues and crude spike (business-standard.com)

1d 13h

[1.1]

Asian shares mixed as oil surge and Treasury yields weigh on markets (economictimes.indiatimes.com)

16h

[1.1]

Asian Shares Mixed as Oil Rebounds, Wall Street Gains (usnews.com)

1d 12h

[1.1]

Stock Market Live: GIFT Nifty signals weak open; Kospi falls 2%; Brent rises on US-Iran tension (business-standard.com)

1d 15h

[1.1]

Indian shares fall 1.35% as PSU banks drop, crude oil rises (business-standard.com)

1d 11h

[1.1]

Indian indices set for weak start as crude tops $106 on US-Iran tensions (moneycontrol.com)

1d 14h

[1.1]

Milan stocks flat; Amplifon, Stellantis, Eni lead gains (lagazzettadelmezzogiorno.it)

1d 5h

Link Source (Italian)

[1.1]

UK housebuilders rally on first-time buyer scheme; miners drag FTSE lower (standard.co.uk)

1d 1h

[1.1]

Sensex recovers 500 points, Nifty reclaims 22,700 as value buying lifts markets (moneycontrol.com)

10h

[1.1]

Gold and silver slide as buyers await stable prices (economictimes.indiatimes.com)

17h

[1.1]

Gold and silver prices fall in India on Sept 29; check rates in Kochi, Chennai, Bengaluru, Delhi (english.mathrubhumi.com)

12h

[1.1]

Sensex, Nifty fall over 1% as realty stocks slide (business-standard.com)

1d 12h

[1.1]

Asian shares mixed as oil prices climb (independent.co.uk)

1d 13h

[1.0]

Indian markets fall as Nifty slips below 22,800; metals decline (business-standard.com)

1d 8h

[1.0]

Asian currencies mixed as dollar hits two-month high; RBA hike in focus (fr.investing.com)

14h

Link Source (French)

[1.0]

Indian shares fall in early trade; Nifty near 22,650 (business-standard.com)

13h

[1.0]

Indian shares fall as IT stocks extend losing streak to eight days (business-standard.com)

8h

[1.0]

Dow Dips, Nvidia Hits Buy Point; Chip Stocks Outperform, Oil Shares Lag (investors.com)

3h

[1.0]

Nifty tests 23,000 support; analysts see risk of fall to 22,600 (economictimes.indiatimes.com)

1d 15h

[1.0]

US stocks mixed, Philly semi index rallies; August job openings fall 256,000 (setn.com)

1h

Link Source (Chinese)

[1.0]

Indian stocks fall 1% as crude rebound, FII selling weigh on Sensex, Nifty (moneycontrol.com)

1d 13h

[1.0]

Nifty Drops Below 22,600 as Oil Tops $106; What SIP Investors Should Do (news18.com)

12h

[1.0]

Indian shares pare losses; consumer durables slide for second day (business-standard.com)

11h

[1.0]

Indian shares fall; Nifty near 22,600 as media stocks slide (business-standard.com)

12h

[1.0]

Indian stock markets fall 0.8% as Nifty drops below 22,600 (timesofindia.indiatimes.com)

11h

[1.0]

Indian stocks fall as bank shares drag Nifty below 23,000 (business-standard.com)

1d 10h

[0.9]

Asian stocks fall after Wall Street losses; oil climbs on Gulf tensions (news18.com)

12h

[0.9]

Global market cues to watch for Indian trade on September 29 (moneycontrol.com)

14h

[0.9]

Gold and Silver Prices Drop, Creating Buying Opportunity for Indian Jewelry Buyers (tamil.news18.com)

1d 11h

Link Source (Tamil)

[0.9]

Gold Price in Chennai Drops ₹1,880 Per Sovereign to ₹110,120 (tamil.oneindia.com)

1d 13h

Link Source (Tamil)

[0.9]

Gold Prices in India Fall Below ₹14,000 per Gram (tamil.news18.com)

1d 5h

Link Source (Tamil)

[0.9]

Sensex falls 512 points as realty stocks drag Indian markets (business-standard.com)

10h

[0.9]

Nifty Midcap 150 falls 7% in September; 87% of stocks decline (business-standard.com)

12h

[0.9]

Gold prices in India drop sharply; Chennai sees Rs 1,880 fall per sovereign (tamil.timesnownews.com)

1d 12h

Link Source (Tamil)

[0.9]

Kerala Gold Prices Hit Monthly Low as Rates Fall Sharply (malayalam.oneindia.com)

1d 13h

Link Source (Malayalam)

[0.8]

Madurai Gold Rate Steady at ₹1.09 Lakh per Sovereign on September 29 (tamil.news18.com)

10h

Link Source (Tamil)

[0.8]

Gold Prices in India Fall Sharply on September 29 (tamil.news18.com)

13h

Link Source (Tamil)

[0.8]

Nifty support at 23,000; key levels to watch before September 28 opening bell (moneycontrol.com)

1d 23h

[0.8]

Gold Prices Drop Sharply in India on September 28 (tamil.news18.com)

1d 13h

Link Source (Tamil)

[0.8]

Gold prices fall nearly 2% in India; check 24K, 22K, 18K rates in Delhi, Mumbai, Chennai (timesnownews.com)

1d 13h

[0.7]

Indian shares open lower as global pressures weigh on markets (zeenews.india.com)

1d 11h

[0.7]

Gold Prices Slip on September 29, 2026: Check 24K, 22K, 18K Rates in Delhi, Mumbai, Kolkata, Chennai (timesnownews.com)

13h