{
  "id": 13010559,
  "title": "Oil falls as Trump comments on Iran talks ease supply concerns",
  "url": "https://urgent.news/2026/10/09/oil-falls-as-trump-comments-on-iran-talks-ease-supply-concerns-13010559",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-09T02:36:22.000Z",
  "source": {
    "name": "Business Recorder",
    "slug": "business-recorder",
    "url": "https://www.brecorder.com/news/40443405/oil-falls-as-trump-comments-on-iran-talks-ease-supply-concerns"
  },
  "original_language": "en",
  "account": "Oil prices dropped on Friday after US President Donald Trump expressed optimism about Iran talks, easing Middle East supply worries. Brent crude futures fell 72 cents, or 0.7%, to $103.53 a barrel, while US West Texas Intermediate (WTI) crude futures declined 52 cents, or 0.6%, to $90.97. Although Brent prices were expected to rise weekly due to a surge in attacks on crude ships, WTI faced a minor weekly decline from a hurricane threatening the Gulf of Mexico, the world's largest oil producer. On Thursday, Trump announced \"productive discussions\" with Iran, stating no attack was planned before the November 3 midterm elections. Iran's Foreign Minister Abbas Araqchi revealed on the same day that Tehran was evaluating the US response to a proposal reopening the Strait of Hormuz within seven days. The US continued to pressure Iran economically, imposing fresh sanctions on Thursday targeting entities involved in transporting Iranian crude, oil products, and petrochemicals. Market volatility persisted this week as threats to oil shipping in the Gulf and the Strait of Hormuz escalated, with October shipments accounting for about 20% of global oil and fuel. Hurricane Isaias in the Gulf of Mexico further disrupted production, with US producers shutting in approximately 1.3 million barrels per day, or 62.9%, of daily oil output as of Thursday.",
  "summary": "Oil prices fell on Friday as Middle East supply concerns eased somewhat after US President Donald Trump said the country will not attack Iran before US elections next month amid productive talks to end their war that has disrupted the market. Brent crude futures fell 72 cents, or 0.7%, to $103.53 a barrel by 0220 GMT. US West Texas Intermediate (WTI) crude futures fell 52 cents, or 0.6%, to…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 7,
    "also_reported_by": [
      {
        "outlet": "The Business Times - Companies & Markets",
        "title": "Oil falls as Trump comments on Iran talks ease supply concerns",
        "url": "https://urgent.news/2026/10/08/oil-falls-as-trump-comments-on-iran-talks-ease-supply-concerns",
        "published": "2026-10-08T22:41:58.000Z"
      },
      {
        "outlet": "FXStreet",
        "title": "WTI slips below $90.50 as Trump signals no pre-election strike on Iran",
        "url": "https://urgent.news/2026/10/09/wti-slips-below-90-50-as-trump-signals-no-pre-election-strike-on-iran",
        "published": "2026-10-09T01:16:07.000Z"
      },
      {
        "outlet": "The Economic Times - Top News",
        "title": "Oil Price Today (October 9): Crude oil dips 1% to $103 as Trump rules out Iran attack before midterm elections. What are analysts saying?",
        "url": "https://urgent.news/2026/10/09/oil-price-today-october-9-crude-oil-dips-1-to-103-as-trump-rules-out",
        "published": "2026-10-09T02:21:36.000Z"
      },
      {
        "outlet": "CNA - Business",
        "title": "Oil falls as Trump comments on Iran talks ease supply concerns",
        "url": "https://urgent.news/2026/10/09/oil-falls-as-trump-comments-on-iran-talks-ease-supply-concerns",
        "published": "2026-10-09T02:27:57.000Z"
      },
      {
        "outlet": "Investing.com",
        "title": "Oil falls as Trump comments on Iran talks ease supply concerns",
        "url": "https://urgent.news/2026/10/09/oil-falls-as-trump-comments-on-iran-talks-ease-supply-concerns-13011060",
        "published": "2026-10-09T02:30:20.000Z"
      },
      {
        "outlet": "Arabian Business",
        "title": "Tucker Carlson on Trump, treason, the Iran war and why he admires the GCC",
        "url": "https://urgent.news/2026/10/09/tucker-carlson-on-trump-treason-the-iran-war-and-why-he-admires-the",
        "published": "2026-10-09T04:00:00.000Z"
      }
    ]
  },
  "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."
}