Brent crude reportedly falls below $100 amid talk of a possible Iran thaw
A September 22 market update said Iran had indicated the Strait of Hormuz could reopen under certain conditions. It also said Saudi Arabia had restarted its East-West Pipeline.
TLDR
A September 22 post put Brent crude down about 4% to just under $100 and WTI down more than 5% to roughly $95, linking the moves to talk of a possible Iran thaw and a Trump-Xi meeting that week. A separate midday market update said Iran had indicated the Strait of Hormuz could reopen under certain conditions and that Saudi Arabia had restarted its East-West Pipeline.
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