Iran tensions drive oil prices and market moves

Key developments

1. Sep 28, 2026

   Middle Eastern crude exports rebounded to 12.8 million barrels per day in September.

   10 sources on this →
2. Sep 28, 2026

   The dollar remained near a two-month high as rising oil prices amid the U.S.-Iran standoff fueled inflation concerns.

   6 sources on this →
3. Sep 28, 2026

   Brent crude topped $106 a barrel after Trump rejected Iran's Strait of Hormuz proposal.

   7 sources on this →

Coverage across the spectrum

Stories in this storyline

Finance

Middle East crude exports hit highest level since Iran war began

Middle Eastern crude exports rebounded to 12.8 million barrels per day in September, their highest since the Iran war began, as Saudi Arabia and the UAE increased shipments and flows through the Strait of Hormuz recovered. Exports nevertheless remained about 6 million barrels per day below prewar levels, with attacks on infrastructure and ongoing security risks continuing to constrain supply.

10 sources

World

Dollar Holds Near Two-Month High on Iran Tensions

The dollar remained near a two-month high as rising oil prices amid the U.S.-Iran standoff fueled inflation concerns and expectations of tighter Federal Reserve policy. Investors are watching upcoming U.S. inflation and jobs reports, alongside overseas data, for clues on interest rates.