World
OIL REBOUNDS ABOVE $103 AFTER TRUMP SAYS HE OFFERED IRAN NOTHING ON SANCTIONS
Oil prices turned higher on Wednesday after United States President Donald Trump denied reports that he was prepared to ease sanctions on Iran as part of diplomatic efforts to reduce tensions between Washington and Tehran. The expiring November Brent crude contract climbed above $103 a barrel, while West Texas Intermediate crude approached $90. The rebound underscores how strongly developments involving Iran, sanctions and Middle Eastern oil flows continue to influence global energy markets, with Brent heading toward an approximately 14 percent gain for September.
BigV•1h ago•1 min read