World & BusinessOil price outlooks amid Hormuz restrictions and U.S.-Iran talks
A September 24, 2026, WTI analysis said supply risks were supporting oil prices, while Saudi Arabia’s efforts to resume exports were limiting gains.
TLDR
One September 24, 2026, post put oil near $91.4 after a slide from recent highs above $100. It attributed the pullback to Saudi Arabia restarting its East-West pipeline, larger-than-expected U.S. inventory builds and hopes for progress in U.S.-Iran talks. It warned that the price level might not hold if tensions flared again.
A separate WTI analysis that day said uncertainty over the talks and restrictions around the Strait of Hormuz were supporting prices, while Saudi efforts to resume exports were limiting the upside.
Oil price outlooks amid Hormuz restrictions and U.S.-Iran talks
A September 24, 2026, WTI analysis said supply risks were supporting oil prices, while Saudi Arabia’s efforts to resume exports were limiting gains.