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خودی کو کر بلند اتنا کہ ہر تقدیر سے پہلے

— Allama Iqbal
BREAKING
●Gill hits fastest ODI double ton (223*); India chase 406 to seal 2-0 series●Sensex slips to 72,480.29, down 48.78 in third straight down day●Opposition parties to launch voter-list protests; march to EC on Oct 6●Trump denies sanctions relief for Iran; oil climbs as Qatar mediates●Revanth storms KTR's Sircilla, accuses KCR family of amassing massive wealth●Drishyam 3 releases Oct 2; needs Rs.201.6 cr to crack top-10 franchises●FTC probes OpenAI, Anthropic over 'rogue' AI agents●Rupee ends 13 paise up at 95.81 against the dollar●Gill hits fastest ODI double ton (223*); India chase 406 to seal 2-0 series●Sensex slips to 72,480.29, down 48.78 in third straight down day●Opposition parties to launch voter-list protests; march to EC on Oct 6●Trump denies sanctions relief for Iran; oil climbs as Qatar mediates●Revanth storms KTR's Sircilla, accuses KCR family of amassing massive wealth●Drishyam 3 releases Oct 2; needs Rs.201.6 cr to crack top-10 franchises●FTC probes OpenAI, Anthropic over 'rogue' AI agents●Rupee ends 13 paise up at 95.81 against the dollar
Energy

Oil climbs as Trump denies easing sanctions on Iran; Qatar pushes mediation

Deccan Age · World · 2 min read
Crude oil tanker 'Sanmar Swara' at sea
Photo: Wikimedia Commons contributors (CC BY / CC BY-SA) — full credits

Oil prices rose on Wednesday after US President Donald Trump denied he was willing to ease sanctions on Iran, with Qatar pushing shuttle diplomacy between the two sides after weeks of war over the Strait of Hormuz.

Brent crude futures rose $1.14, or 1.11%, to $103.73 a barrel by early trading, while US West Texas Intermediate crude gained 34 cents to $89.72. Brent remains on track for a monthly gain of around 14%, its biggest climb since July.

Trump denied an Axios report citing US officials that he would offer sanctions relief and release frozen Iranian funds in return for “concrete” steps by Tehran on its nuclear programme. Qatar said it is “exchanging messages between the parties” and working towards common ground, as a tanker was struck by an unknown projectile in the strait on Tuesday.

Originally reported by Reuters. Article compiled by the Deccan Age desk.
#Oil#Iran#Trump

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