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Oil Prices Jump 4% as Hormuz Strait Tensions Resurface

naftemporiki.gr (Greek) — September 28, 2026 at 01:01 PM UTC

Oil prices surged over 4% on Monday after US President Donald Trump rejected Iran's proposal to reopen the Strait of Hormuz, reviving fears of prolonged disruption to global supply. Brent reached its highest level since September 15, with November contracts trading at $108.48 per barrel and WTI at $96.16. The market reaction followed Trump's refusal of Tehran's offer, which included ending US "aggressive" actions, lifting naval blockades and sanctions, and releasing Iranian assets in exchange for reopening the strait and resuming nuclear talks within seven days. Investors now anticipate renewed US strikes after November's midterm elections. Analysts warn that countries are consuming from strategic reserves, describing the situation as "living on borrowed barrels." Additionally, Saudi-led coalition forces intercepted Houthi missiles in Yemen on Saturday, adding another layer of regional tension.

With a significance score of 4.2, this news ranks in the top 5.1% of today's 33224 analyzed articles.

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Oil Prices Jump 4% as Hormuz Strait Tensions Resurface | News Minimalist

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[1.4]

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[1.4]

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[1.4]

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Intel shares drop nearly 10% in two days as US yields and oil pressure tech stocks (invezz.com)

9h

Link Source (Dutch)

[1.3]

Nikkei falls 1.2% as US yields hit 19-year high; KOSPI dips just 0.2% (invezz.com)

13h

Link Source (Swedish)

[1.2]

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

1d 11h

[1.2]

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

13h

[1.2]

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

1d 12h

[1.2]

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

1d 7h

[1.2]

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

1d 11h

[1.2]

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

1d 14h

[1.1]

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

1d 2h

[1.1]

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

1d 16h

[1.1]

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

17h

[1.1]

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

11h

[1.1]

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

13h

Link Source [$]

[1.1]

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

1d 14h

[1.1]

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

1d 6h

Link Source (Italian)

[1.1]

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

1d 3h

Link Source (Italian)

[1.1]

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

13h

[1.1]

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

14h

[1.1]

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

1d 13h

[1.1]

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

1d 15h

[1.1]

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

18h

[1.1]

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

1d 14h

[1.1]

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

1d 13h

[1.1]

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

1d 12h

[1.0]

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

12h

[1.0]

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

12h

[1.0]

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

1d 9h

[1.0]

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

14h

[1.0]

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

4h

[1.0]

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

15h

Link Source (French)

[1.0]

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

13h

[1.0]

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

2h

Link Source (Chinese)

[1.0]

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

1d 14h

[1.0]

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

9h

[1.0]

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

1d 11h

[1.0]

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

13h

[0.9]

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

15h

[0.9]

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

11h

[0.9]

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

1d 13h

Link Source (Tamil)

[0.9]

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

1d 14h

Link Source (Malayalam)

[0.9]

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

13h

[0.9]

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

1d 6h

Link Source (Tamil)

[0.9]

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

1d 12h

Link Source (Tamil)

[0.9]

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

1d 14h

Link Source (Tamil)

[0.8]

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

1d 14h

[0.8]

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

11h

Link Source (Tamil)

[0.8]

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

14h

Link Source (Tamil)

[0.8]

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

1d 14h

Link Source (Tamil)

[0.7]

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

14h

[0.7]

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

1d 12h