Middle East Oil Exports Rebound
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Trump vows lower oil prices
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Iranian and U.S. officials reportedly met separately with mediators Monday to push for a ceasefire, as Middle Eastern crude exports rebounded to war-time high.
As the war with Iran hits the 7-month mark, Trump tells Axios he expects talks to resume despite neither side signaling willingness to change demands.
Parliament speaker Ghalibaf said if Iran cannot sell oil, "no one in the region will sell oil," as the IRGC called Trump "a big liar," said US bases were the "only source of insecurity" in the region
Oil prices surged by more than 4% after U.S. President Donald Trump dismissed an Iranian proposal to kickstart peace talks and reopen the Hormuz Strait.
Iran on Tuesday threatened to attack critical infrastructure across the Middle East if the country comes under renewed attack, sharply escalating its rhetoric as tensions with the United States remain high and negotiations over reopening the Strait of Hormuz remain stalled.
By Chibuike Oguh and Samuel Indyk NEW YORK/LONDON, Sept 28 (Reuters) - The dollar was flat against major currencies on Monday, as the continued stand-off between the US and Iran pushed oil prices higher,
The Iranian rial plunged to a record low against the US dollar on Tuesday, underscoring the mounting economic pressure on Tehran as Washington tightens sanctions and restricts the country's oil exports.
Iran International has obtained exclusive information and documents indicating that Mostafa Ahadi, a senior official in the IRGC Intelligence Organization, runs the organization’s corruption network in the sale of Iran’s oil.
Oil prices retreated on signs of recovering crude exports from major Middle Eastern producers.