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Oil Falls Below $100 on Hormuz Reopening Hopes and Saudi Pipeline Restarting

Brent crude dropped 2.64% to $97.69 as traders bet more Middle East supply could return after Iran and Saudi Arabia moved to ease disruptions.

Summary by The National
Iran signals it could reopen the strait within days as Saudi Arabia resumes flows through its key Red Sea export route

6 Articles

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Bias Distribution

  • 60% of the sources are Center
60% Center

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The National broke the news in Abu Dhabi, United Arab Emirates (the) on Tuesday, September 22, 2026.
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