Mint Markets · Business · 2026-09-03
Oil Steadies After Rally as Trump Sees Short-Lived Iran Strikes
Oil Steadies After Rally as Trump Sees Short-Lived Iran Strikes. Oil steadies after a three-day rally as President Donald Trump said renewed attacks on Iran would be short-lived. US officials signaled robust energy flows through the Strait of Hormuz. Brent traded near $95 a barrel after surging more than 8% over the past three sessions, while West Texas Intermediate was below $91. Oil steadied after a three-day rally as President Donald Trump said renewed attacks on Iran would be short-lived, while US officials signaled robust energy flows through the Strait of Hormuz.
Why it matters. Fluctuations in oil prices directly impact global inflation, transportation costs, and geopolitical stability.
Read original on Mint Markets Get the app
Licensed summary · LicensedSummary
Related briefs
- The monk who sold his ferrai': Thai businessman is selling his $6 million ice
- VVS Laxman to coach Team India in Asian Games 2026
- Himalayan states' GLOF, avalanche preparedness reviewed by home secretary
- Bombay High Court Upholds Land Acquisition For Dr BR Ambedkar Mural
- Madhavan is in awe of woman who shares her secret to looking 20 years