{
  "id": 13025236,
  "title": "Crude oil futures fall as Trump signals productive talks with Iran",
  "url": "https://urgent.news/2026/10/09/crude-oil-futures-fall-as-trump-signals-productive-talks-with-iran",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-09T04:12:48.000Z",
  "source": {
    "name": "Hindu BusinessLine",
    "slug": "hindu-businessline",
    "url": "https://www.thehindubusinessline.com/markets/commodities/crude-oil-futures-fall-as-trump-signals-productive-talks-with-iran/article71562545.ece"
  },
  "original_language": "en",
  "account": "Crude oil prices fell on Friday as US President Donald Trump announced productive talks with Iran and stated he would not attack the country before the US mid-term elections. Brent oil futures dropped by 1.29 percent to $102.93, while WTI crude oil futures declined by 1.16 percent to $90.43. In India, October crude oil futures on MCX fell by 1.23 percent to ₹8,755, and November futures dropped by 1.33 percent to ₹8,711. Trump expressed his confidence in the negotiations, stating that Iran is in bad economic and military shape, and the blockade will remain in full effect. Despite this, oil will continue to flow in record numbers through the Hormuz Strait. Meanwhile, Hurricane Isaias in the Gulf of Mexico forced oil producers to shut in 1.3 million barrels per day, or 62.9 percent of current production.",
  "summary": "December Brent oil futures at $102.93, down by 1.29%",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 4,
    "also_reported_by": [
      {
        "outlet": "FXStreet",
        "title": "Yen gains as Trump rules out Iran strikes before the midterms",
        "url": "https://urgent.news/2026/10/08/yen-gains-as-trump-rules-out-iran-strikes-before-the-midterms",
        "published": "2026-10-08T23:15:00.000Z"
      },
      {
        "outlet": "The Vibes",
        "title": "Oil slips on Trump’s Iran remarks, but supply risks and strong US dollar keep markets on edge",
        "url": "https://urgent.news/2026/10/09/oil-slips-on-trumps-iran-remarks-but-supply-risks-and-strong-us",
        "published": "2026-10-09T00:57:00.000Z"
      },
      {
        "outlet": "City AM",
        "title": "FTSE 100 Live: Stocks to rise as oil falls back after Trump’s Iran war pledge",
        "url": "https://urgent.news/2026/10/09/ftse-100-live-stocks-to-rise-as-oil-falls-back-after-trumps-iran-war",
        "published": "2026-10-09T05:27:15.000Z"
      }
    ]
  },
  "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."
}