{"id":46102,"date":"2026-09-22T09:44:29","date_gmt":"2026-09-22T07:44:29","guid":{"rendered":"https:\/\/www.channelafrica.co.za\/channelafrica\/?post_type=news&#038;p=46102"},"modified":"2026-09-22T09:44:29","modified_gmt":"2026-09-22T07:44:29","slug":"oil-prices-climb-ahead-of-potential-us-iran-talks","status":"publish","type":"news","link":"https:\/\/www.channelafrica.co.za\/channelafrica\/news\/oil-prices-climb-ahead-of-potential-us-iran-talks\/","title":{"rendered":"Oil prices climb ahead of potential US, Iran talks"},"content":{"rendered":"<div>Oil prices gained for the first time in five sessions \u200bon Tuesday as investors awaited developments on potential United States (US) and Iran talks at the United Nations (UN) General Assembly this \u200cweek after more supplies emerged through the Strait of Hormuz over the weekend.<\/div>\n<div><\/div>\n<div>The Brent crude futures November contract rose $1.72, or 1.7%, to $102.06 a barrel.<\/div>\n<div><\/div>\n<div>The West Texas Intermediate (WTI) October contract, which expires on Tuesday, climbed $1.62, or 1.7%, to $97.4 a barrel.<\/div>\n<div><\/div>\n<div>The more actively traded November \u200bcontract was up $1.28, or 1.4%, at $93.65 a barrel.<\/div>\n<div><\/div>\n<div>Tehran and Washington exchanged threats on Sunday, though US President Donald Trump \u200bsaid he would be open to meeting Iranian President Masoud Pezeshkian, who is expected to \u2060be in New York this week for the UN meeting.<\/div>\n<div><\/div>\n<div>&#8220;The move higher in WTI and the stronger open in Brent \u200bhave the appearance of a typical short-covering bounce after the recent decline, rather than a fundamental shift,&#8221; said Tim Waterer, \u200bChief Market analyst.<\/div>\n<div><\/div>\n<div>&#8220;Traders who were positioned for further downside are taking some risk off the table while the diplomatic narrative plays out.&#8221;<\/div>\n<div><\/div>\n<div>&#8211;Reuters&#8211;<\/div>\n","protected":false},"featured_media":36273,"template":"","meta":{"_acf_changed":false,"_links_to":"","_links_to_target":""},"news-type":[44],"class_list":["post-46102","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-finance","entry"],"acf":{"short_description":"","published_date":"","news_description":"Oil prices gained for the first time in five sessions \u200bon Tuesday","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/46102","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/types\/news"}],"version-history":[{"count":1,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/46102\/revisions"}],"predecessor-version":[{"id":46103,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/46102\/revisions\/46103"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media\/36273"}],"wp:attachment":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media?parent=46102"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=46102"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}