{
  "id": 10334728,
  "title": "Iran War: Oil prices rise after Trump's rejection of Iran",
  "url": "https://urgent.news/2026/09/28/iran-krieg-olpreise-steigen-nach-trumps-absage-an-iran",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-28T01:34:28.000Z",
  "source": {
    "name": "Handelsblatt",
    "slug": "handelsblatt",
    "url": "https://www.handelsblatt.com/finanzen/maerkte/devisen-rohstoffe/iran-krieg-oelpreise-steigen-nach-trumps-absage-an-iran/100257785.html"
  },
  "original_language": "de",
  "account": "Oil prices rose over 1 percent on Monday after US President Donald Trump rejected an Iranian peace plan to open the Strait of Hormuz. Brent crude rose 1.3 percent to $105.64 per barrel and US light oil WTI gained 0.8 percent to $93.11. The Iranian plan was proposed last week through Qatari mediators, but Trump rejected it over the weekend while suggesting further negotiations this week. Despite ongoing diplomatic efforts, geopolitical risks in the region remain high due to continued rocket and drone attacks by Huthi rebels on Saudi Arabia. Oil exports from the Middle East rebounded slightly in September to 12.8 million barrels per day, the highest since the war began in February.",
  "summary": "The Handelsblatt reports that oil prices surged by over 1% on Monday following US President Donald Trump's rejection of an Iranian peace plan to open the Strait of Hormuz. Brent crude rose 1.3% to $105.64 per barrel, while US Light Crude Oil (WTI) increased 0.8% to $93.11. Iran had proposed the plan via Qatar mediators the previous week, but Trump declined it in a weekend statement, though indicating further negotiations could occur this week. Despite the stalled diplomacy, geopolitical risks in the region remain high due to ongoing rocket and drone attacks by Houthi rebels on Saudi Arabia, according to analysts. However, crude oil exports from the Middle East saw a slight recovery, reaching 12.8 million barrels per day in September, the highest since the war began in February, according to Kpler data. The rise is primarily attributed to rerouted shipments from Saudi Arabia and the United Arab Emirates. Nonetheless, regional exports are still six million barrels per day below pre-war levels due to the conflict. The Strait of Hormuz, which previously handled about 20% of global oil and gas supply, remains critically important.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}