{
  "id": 9538801,
  "title": "Oil Crosses $105 Again",
  "url": "https://urgent.news/2026/09/24/oil-crosses-105-again",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-24T10:02:13.000Z",
  "source": {
    "name": "ProPakistani",
    "slug": "propakistani",
    "url": "https://propakistani.pk/2026/09/24/oil-crosses-105-again/"
  },
  "original_language": "en",
  "account": "Oil prices have once again climbed above the $105 mark, with Brent crude trading around $105 per barrel and West Texas Intermediate (WTI) crossing $94 per barrel. This surge is largely due to a lack of significant progress in diplomatic efforts to end the US-Iran conflict. Earlier, oil prices had declined as markets anticipated Iran's willingness to engage in dialogue and the potential for increased crude flow through Saudi Arabia's East-West pipeline and the Strait of Hormuz. However, the ongoing deadlock at the United Nations General Assembly (UNGA) has dampened expectations of a swift resolution to the war. Iran has expressed a readiness for diplomacy, yet the United States seems uncertain about the conditions necessary to bring the conflict to an end. Iran's suggestions include lifting the US naval blockade on its ports and reopening the Strait of Hormuz, which is crucial for global energy markets. A prolonged disruption in oil shipments through this route could maintain supply concerns. For Pakistan, sustained high crude prices could exacerbate domestic fuel costs, especially if the increase persists through the pricing cycle that determines local petrol and diesel prices.",
  "summary": "Crude oil prices are now climbing towards $110 as diplomatic efforts to end the US-Iran war show little concrete progress. … Read More The post Oil Crosses $105 Again appeared first on ProPakistani .",
  "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."
}