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Oil Prices Climb as Trump Rules Out Easing Iran Sanctions

Summary by Oil Price
Crude oil prices ticked higher today, after dipping on Tuesday, following reports that President Trump has no intention of easing sanction pressure on Iran, which has decimated exports from one of OPEC’s biggest producers. At the time of writing, Brent crude was trading at $103.13 per barrel, and West Texas Intermediate was trading at $89.53, both set to end the month with a gain. For Brent, the gain is more pronounced, at around $10 per barrel,…

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Oil prices rose on Wednesday, September 30, after US President Donald Trump denied that he was willing to ease sanctions on Iran, and ...

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Oil prices rose today, Wednesday, after US President Donald Trump denied his willingness to ease sanctions against Iran, while Qatar continued diplomatic efforts in the hope of a breakthrough, after prices had fallen at the previous meeting as a result of the recovery of supplies from the Middle East. The future contracts of Brent increased $1.14, or 1.11 percent, to $103.73... read more.

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Bias Distribution

  • 34% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
34% Left

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Oil Price broke the news in New York, United States on Wednesday, September 30, 2026.
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