elevated oil prices
Still No Deal to Reopen the Strait of Hormuz Yet Diplomatic Option Not Yet Abandoned
September 28, 2026
(120) Following President Trump’s “no deal” answer to Iran’s latest peace proposal, the West Texas Intermediate and Brent prices of crude oil have shot up around 4%. In turn, ten-year sovereign debt yields are up six basis points in the United States and Spain, eight bps in Italy, seven bps in France and four bps […] More
