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World & Business

Oil prices reportedly jump amid postponed talks

Reuters describes traffic through the Strait of Hormuz amid postponed talks and rising oil prices in its September 14 coverage.

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2 Sources, 16d ago, first seen 16d ago

TLDR

Reuters reports postponed talks and a jump in oil prices alongside its coverage of Strait of Hormuz traffic. A separate user update on September 14 claims Brent was at $106.69, up another 2% overnight, and that vessel transits through Hormuz were in single digits over the weekend. The user also claims Saudi Arabia rejected proposed changes to an Iran–Oman shipping corridor deal.

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72K

2 Sources, first seen 16d ago

52 likes10 comments4 saves16 reposts
Featured Source

Combined views

72K

2 Sources, first seen 16d ago

52 likes10 comments4 saves16 reposts

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2 Sources

@ReutersStrait of Hormuz traffic amid postponed talks and jump in oil prices https://x.com/i/broadcasts/1nJOLQjjmAQxR
@Gucci_ClarityIran War Day 199 update on Sept 14 Saudi Arabia rejected proposed amendments to the Iran Oman shipping corridor deal. This wasn't scheduling, it was a real breakdown. Brent is now at $106.69, up another 2% overnight. Hormuz transit volume is officially at SINGLE DIGITS of vessels over the weekend. Tanker El Gaia, a Panama flagged, Indian crew was struck near Hengam Island Sunday. 13 rescued, 1 person is still missing. Its tracking transponder had been switched off for over 5 days before the strike. The IRGC claims it shot down another US MQ-1 drone over Hormuz today, the 2nd reported one this month. The rogue hardliner story is now part of the official war record. Unauthorized July strikes by a faction tied to Hossein Taeb are confirmed as what collapsed the earlier US Iran memorandum. Diplomacy is stalled. Oil is climbing. Shipping is near a standstill. No signs of deescalation today. The macro events are major signals for the overall market. Expect volatility. #Iran #IRGC #Hormuz #OilPrices #BreakingNews #MiddleEast #Saudi #Oman
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    2 Sources

    @ReutersStrait of Hormuz traffic amid postponed talks and jump in oil prices https://x.com/i/broadcasts/1nJOLQjjmAQxR
    @Gucci_ClarityIran War Day 199 update on Sept 14 Saudi Arabia rejected proposed amendments to the Iran Oman shipping corridor deal. This wasn't scheduling, it was a real breakdown. Brent is now at $106.69, up another 2% overnight. Hormuz transit volume is officially at SINGLE DIGITS of vessels over the weekend. Tanker El Gaia, a Panama flagged, Indian crew was struck near Hengam Island Sunday. 13 rescued, 1 person is still missing. Its tracking transponder had been switched off for over 5 days before the strike. The IRGC claims it shot down another US MQ-1 drone over Hormuz today, the 2nd reported one this month. The rogue hardliner story is now part of the official war record. Unauthorized July strikes by a faction tied to Hossein Taeb are confirmed as what collapsed the earlier US Iran memorandum. Diplomacy is stalled. Oil is climbing. Shipping is near a standstill. No signs of deescalation today. The macro events are major signals for the overall market. Expect volatility. #Iran #IRGC #Hormuz #OilPrices #BreakingNews #MiddleEast #Saudi #Oman
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