Oil rises as US–Iran negotiations remain unresolved

WORLD / ENERGY · 7 AM edition · 28 September 2026

Oil prices rose in early Monday trading after US President Donald Trump rejected Iran’s peace proposal. A report updated at 4:23 AM Trinidad time put Brent futures at US$106.92 a barrel at 4:03 AM, up 2.49 per cent. Trump said he expected further negotiations this week. Those prices are a dated trading snapshot, and the expected talks do not amount to an agreed settlement.

Original account compiled from linked reporting; WACK did not independently witness these events.

Source report — 28 September 2026, 4:23 AM AST

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