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Oil Prices Hit 11-Day Low: How US-Iran Talks, Saudi Shipments Drive Crude Lower

Summary by Hindustan Times
Oil prices fall to an 11-day low as hopes for US-Iran talks grow and Saudi Arabia increases oil shipments through the Strait of Hormuz.

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Oil prices fell to an 11-day low — which helped <p>Brent fall to $101.75, WTI — to $98.34 per barrel. Investors expect diplomatic progress between the United States and Iran.</p>

·Kyiv, Ukraine
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Oil prices fall despite Houthi attacks and Trump's statements. How Brent and WTI are shaping up and what JPMorgan data shows.

Oil prices fell to their lowest level in 11 days on Monday (21/9) as investors hoped for diplomatic progress in the US-Iran conflict, in the context of a UN meeting this week, while also watching for a partial recovery in oil shipments from Saudi Arabia. Against this backdrop, Brent and US West Texas Intermediate (WTI) futures fell earlier to their lowest level since September 10. Specifically, Brent fell 3.03% to $100.77 a barrel, while WTI fel…

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Reporter.gr broke the news on Monday, September 21, 2026.
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