{
  "id": 9456935,
  "title": "Oil up almost two pct as Iran's president vows to never surrender",
  "url": "https://urgent.news/2026/09/24/oil-up-almost-two-pct-as-irans-president-vows-to-never-surrender",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-24T01:04:43.000Z",
  "source": {
    "name": "New Straits Times",
    "slug": "new-straits-times",
    "url": "https://www.nst.com.my/business/economy/2026/09/1539821/oil-almost-two-pct-irans-president-vows-never-surrender"
  },
  "original_language": "en",
  "account": "Oil prices surged nearly two percent on Wednesday, driven by traders' reactions to Iran's president Masoud Pezeshkian's pledge to never yield. The US retaliated on the same day, warning of potential destruction against Iran. Brent crude futures climbed $1.84, or 1.85 percent, to $101.09 a barrel, while West Texas Intermediate futures jumped 69 cents, or 0.76 percent, to $91.21 a barrel. Iran's president stated at the UN General Assembly that Tehran would resist surrender but remains open to diplomacy. Traders are monitoring the US response to Iran's proposal to cease hostilities, though significant gaps remain between the two nations. The Strait of Hormuz's reopening and the lifting of Washington's naval blockade on Iran are being discussed in indirect talks between Iran and the US. Meanwhile, Europe's low-sulfur gasoil premium to Brent crude futures reached a record high due to fears of a diesel export ban by the US, which analysts believe would not alleviate high energy prices.",
  "summary": "HOUSTON: Oil prices were up almost two per cent a barrel on Wednesday in choppy trade, as traders evaluated Iranian President Masoud Pezeshkian's vow never to surrender, a day after US President Donald Trump warned he could \"annihilate\" Iran.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "CBS News",
        "title": "Trump welcomes Chinese President Xi Jinping for state visit as tensions build over AI, Iran",
        "url": "https://urgent.news/2026/09/23/trump-welcomes-chinese-president-xi-jinping-for-state-visit-as",
        "published": "2026-09-23T23:32:08.000Z"
      }
    ]
  },
  "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."
}