
Oil falls below $100 a barrel on reports Iran ‘makes strait of Hormuz offer’; UK government borrowing paints ‘dismal picture’ – business live
This looks too good an offer for Trump to turn down ahead of his key week with Xi and with polls indicating voter dissatisfaction of his handling the Iran war and economy ahead of the mid-terms, which are looking like the Democrats could take both houses. As ever with US-Iran chatter and rumours this needs to be taken with a grain of salt but should it hold it’s going to mean crude holds lower, which would take the pressure of bond yields.
- ▪This looks too good an offer for Trump to turn down ahead of his key week with Xi and with polls indicating voter dissatisfaction of his handling the Iran war and economy ahead of the mid-terms, which are looking like the Democrats could ta
- ▪As ever with US-Iran chatter and rumours this needs to be taken with a grain of salt but should it hold it’s going to mean crude holds lower, which would take the pressure of bond yields.
The Guardian — Business publishes from United Kingdom and files mainly under business. We currently carry 18 of its stories.
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| Original publisher | The Guardian — Business |
| Canonical URL | https://www.theguardian.com/business/live/2026/sep/22/uk-government-borrowing-august-fiscal-straightjacket-john-healey-bonds-latest-news-updates |
| Publication time | Tue, 22 Sep 2026 11:59:39 GMT |
| Retrieval time | 2026-09-22T12:08:50.759Z |
| Last seen | 2026-09-22T12:08:50.759Z |
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| Cluster | oYk0uc-OsJjt · 1 stories |
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Opening excerpt (first ~120 words) tap to expand
05.50 EDTOil below $100 as Iran 'makes strait of Hormuz offer'Newsflash: The oil price has dipped below the $100 a barrel level.This follows a report on the Kyodo news service that Iran has offered to reopen the Strait of Hormuz within seven days if the United States takes initial steps toward easing military pressure.One senior Iranian government official told Kyodo: double quotation mark“There is a possibility of moving toward an agreement.” But the official added that Washington must demonstrate “seriousness and commitment” if diplomacy is to advance.Neil Wilson of Saxo Markets says: double quotation markPressured by its exports grinding to a halt the economic toll is being felt in Tehran and it seems to be pinning hopes on this offer ending the stalemate.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at The Guardian — Business.