The quotation of the Brent oil barrel for delivery in November ended today in the London futures market at a low of 2.06%, for the 104.32 dollars.
© Reuters
25/09/2026
by
Lusa
O north Sea crude, of reference in Europe, closed the session at Intercontinental Exchange to quote $2.28 below the 106.60 with which it ended the transactions on Thursday.
The fall in today's quotation, when it accumulated a six percent rise from the beginning of the week until Thursday, was driven by information that Tehran proposed to Washington a plan to end the war, reopen the Strait of Ormuz and begin talks on the nuclear program.
Iranian Foreign Minister Abás Araqchi told journalists during his trip to the United Nations General Assembly that the proposal reflects the commitments set out in the memorandum of understanding agreed by US and Iran in June, but that it was soon over, today reported The New York Times.
The raw price began to drop today after it was known that the Iranian-North American negotiations had moved from the initial diplomatic contacts to a more detailed technical phase and that sources in Tehran describe the environment as increasingly positive, Norddine Dgheir, head of Al Jazeera’s Tehran office, revealed.
On the other hand, Iranian President Masoud Pezeshkian has ensured that the Islamic Republic is willing to reach an agreement with the US.
During his UN speech, Donald Trump, threatened Iran with “annihilation” if an agreement was not reached, while Pezeshkian, in turn, said that his country is not intimidated.