Commodities

Iran-US Talks Send Oil Prices Lower

Guavy AI Editorial Team Published September 22, 2026

Instruments

Oil

Rumors of negotiations between Iran and the US have pushed oil prices lower. According to reports, Tehran is prepared to reopen the Strait of Hormuz within seven days if the US reduces military pressure and lifts the blockade of Iranian ports.

A Japanese news agency, Kyodo News, along with Reuters, cited Iranian sources in saying that reopening the strait would happen soon. However, Iranian sources have described the reports as invalid and inaccurate.

The Wire

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