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Iran-US war live: Oil prices rise after Trump says he has offered Tehran ‘nothing’ in peace talks

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Mishra, S. (2026, September 30). Iran-US war live: Oil prices rise after Trump says he has offered Tehran ‘nothing’ in peace talks. The Independent. https://www.independent.co.uk/news/world/middle-east/iran-us-war-live-trump-peace-talks-oil-prices-b3058718.html

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The Independent · collected 2026-09-30 · by Stuti Mishra

Quick Summary

Oil prices increased after President Donald Trump denied offering sanctions relief or financial unfreezing to Iran, contradicting earlier reports from Axios and CNN. Trump's denial was made via his platform Truth Social as Iranian officials responded with taunts and political statements aimed at undermining the U.S.'s position. Meanwhile, Qatari mediators continue efforts to facilitate dialogue between US and Iranian officials in an attempt to de-escalate tensions and establish a mutual agreement regarding the ongoing conflict.
Written by AI on 2026-09-30, from this article's own text only (the story summary below draws on all the coverage).

AI analysis

Story summary

As of October 2, 2026, Donald Trump rejected Iran's offer to reopen the Strait of Hormuz within seven days, deeming it "simply not enough." This proposal was made by Iranian President Masoud Pezeshkian in an effort to ease tensions and open dialogue. However, Trump warned that military action against Tehran could resume after the U.S. midterm elections, suggesting ongoing hostility despite Iran's willingness to negotiate. The offer came amidst international pressure for a resolution to the conflict; Russian President Vladimir Putin expressed hope that the strait would reopen, while also noting Russia’s proposal to receive enriched uranium from Iran remains on the table.

The U.S. has imposed new sanctions on Iranian carmakers and rail operators in response to Tehran's threats and actions. In parallel, Trump dismissed previous claims suggesting his administration was preparing to provide significant concessions to Iran, instead emphasizing a strategy focused on economic pressure through sanctions that have severely impacted Iran’s currency, with the rial trading at an unprecedented 2.5 million to the dollar.

The situation remains tense, with multiple international stakeholders advocating for dialogue and peace but facing resistance from both sides, particularly as the U.S. continues its aggressive stance towards Iran despite diplomatic efforts by other nations like Russia. Ed Miliband, UK Foreign Secretary, also met with his Iranian counterpart in New York during the UN General Assembly to discuss reopening the Strait of Hormuz and address threats posed by Iranian-linked groups on British soil. However, Miliband reiterated that Britain will not tolerate any form of intimidation or hostile activity linked to Iran. This complex diplomatic scenario underscores the challenges in achieving a peaceful resolution without further escalation.

Written for “Trump's Iran Policy And Pardons Talks” on 2026-11-02, grounded in this article and the 132 other(s) covering the same event.

Story

📰 Trump's Iran Policy And Pardons Talks
Politics · 133 article(s) covering the same event. See how they differ ↓

Compared with similar articles

This article reads unscored and hedges 7% of its claims. Each row says how that neighbour differs.
The Independent
⚖️ Leans right Hedges 5 of 46 claims Outlet record 59/100
The Independent
Hedges 6 of 46 claims Outlet record 59/100
“The articles describe different aspects of the Iran-US conflict; one focuses on oil prices and sanctions discussions while the other discusses new reasons for starting a war.”
The Straits Times
Hedges 2 of 32 claims Outlet record 66/100
“The articles describe different points in time regarding discussions between Trump, Xi, and Iran about Middle Eastern conflicts.”
The Guardian
⚖️ Leans left Hedges 16 of 102 claims Outlet record 66/100
“The articles discuss different events involving Trump's statements and policies regarding oil deals with Venezuela and Iran, respectively.”
Al Jazeera
Hedges 0 of 2 claims Outlet record 60/100
Toronto Star
⚖️ Leans left Hedges 1 of 26 claims Outlet record 64/100
“The articles describe different events occurring on separate days with distinct focuses: one on Iran's message to Americans about Trump and midterm elections, and the other on oil prices reacting to Trump's denial of peace talks offers.”
Daily Mail
⚖️ Leans left Hedges 1 of 31 claims Outlet record 69/100
“The articles cover different events: one about US forces withdrawing from Iraq and another about a statement by Trump regarding sanctions on Iran.”
Washington Examiner
⚖️ Leans right Hedges 0 of 17 claims Outlet record 70/100
“Article A discusses oil prices rising due to Trump's denial of offering sanctions relief, while Article B reports on new sanctions against Iran's automotive and rail sectors.”
Al Jazeera
Hedges 1 of 20 claims Outlet record 60/100
“The articles describe different aspects of the Iran-US conflict; Article A discusses oil prices rising after Trump's comments, while Article B reports on the deployment of a third US aircraft carrier near Iran.”
Al Jazeera
Hedges 3 of 14 claims Outlet record 60/100
“The articles discuss different aspects related to Iran-US relations, one focusing on oil prices and peace talks, while the other is about flight restrictions in Iraq.”
How this article was measured signals, leaning charts, publisher record, byline, topics and claims

Signals How these are calculated →

Claims extracted
43
sentences that state something as happening or true
Uncertain
7%
3 of 43 hedged ("reportedly", "may", "according to")
Leaning
withheld
no quote in the article backed the model's score
Publisher signals
59/100
The Independent's corrections and hedging, across everything collected from it. Not a measure of accuracy.
Outlets on this story
133
Politics
Same framing elsewhere
1
articles that frame the event the way this one does
Analyzed 2026-09-30 · how these are computed

How this is being covered How these are calculated →

Article leaning vs. publisher reliability
Source leaning vs. consistency

Publisher

The Independent · 3531 article(s) · 8 correction(s) detected
Running correction rate · 8 correction(s)

Who wrote this

Stuti Mishra
24 article(s) here · 1 carrying a prediction
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🔮 Latitude said that it would continue to cooperate with authorities during ongoing recovery efforts and investigations.
Also by Stuti Mishra
Nothing else under this byline is closely related to this article, so these are simply their most recent.
All 24 articles by Stuti Mishra →

Topics

Axios Iran Iranian Qatari Tehran

Subjects

Iran GPE · 10× Trump PERSON · 8× Iranian NORP · 5× Americans NORP · 3× Donald Trump PERSON · 3× Iraq GPE · 3× Qatari NORP · 3× Tehran GPE · 3× America GPE · 2× Axios ORG · 2×

Narrative

US and Iranian officials spoke separately with Qatari mediators this week, as Qatar continued its efforts to end the seven-month war between the two countries. "We are exchanging messages between the parties, and we're working towards establishing a common ground in order to get into a deal that would save all of us from the repercussions of the conflict," Qatari foreign ministry spokesperson Majed al-Ansari told reporters.
framing: assertive · carried by 1 article(s) · first seen 2026-09-30
🔮 Oil prices have risen after US president Donald Trump denied he would ease sanctions on Iran in exchange for steps to rein in Tehran's nuclear programme.

Claims (43 extracted, 3 hedged)

Oil prices have risen after US president Donald Trump denied he would ease sanctions on Iran in exchange for steps to rein in Tehran's nuclear programme. asserted
he → rise → programme
Mr Trump denied Axios and CNN reports that cited US officials as saying America offered sanctions relief and to unfreeze Iranian funds. asserted
America → deny → funds
I offered them NOTHING," he wrote on Truth Social. asserted
he → offer → Social
An Iranian official taunted Trump by claiming that the US will “inevitably leave this region”. asserted
US → taunt → region
Ebrahim Azizi, who heads Iran’s parliament’s National Security and Foreign Policy Commission, claimed that Iran would remain in the region and that Israel’s days “are numbered”. asserted
days → head → region
Another official, a spokesperson for Iran's Revolutionary Guards, urged American voters to punish Trump's warmongering at the ballot box in November's midterm election. asserted
official → urge → election
Trump did confirm on Monday that US officials had spoken with mediators in New York, as he insisted the US will win its war in Iran “very soon”. asserted
US → confirm → Iran
US and Iranian officials hold separate talks with Qatari mediators asserted
officials → hold → mediators
US and Iranian officials spoke separately with Qatari mediators this week, as Qatar continued its efforts to end the seven-month war between the two countries. "We are exchanging messages between the parties, and we're working towards establishing a common ground in order to get into a deal that would save all of us from the repercussions of the conflict," Qatari foreign ministry spokesperson Majed al-Ansari told reporters. asserted
Ansari → speak → reporters
Qatar has again emerged as a would-be peacemaker, having previously played a supporting role in producing a June memorandum of understanding that led to a brief ceasefire. asserted
that → emerge → ceasefire
Negotiations appeared to intensify during last week's UN General Assembly meeting in New York, but have so far not yielded any agreement to reopen the Strait of Hormuz, through which 20 per cent of global oil and liquefied natural gas passed before the war started in February. asserted
war → appear → February
Oil prices rise after Trump denies he would ease Iran sanctions Oil prices rose today after President Donald Trump denied he would ease sanctions on Iran, having fallen in the previous session as crude supply from the Middle East recovered. Brent crude futures rose $1.14, or 1.11 per cent, to $103.73 (£82) a barrel by 01.31am GMT, while US West Texas Intermediate crude gained 34 cents, or 0.38 per cent, to $89.72 (£71). asserted
crude → rise → 89.72
Brent is on course for a monthly gain of around 14 per cent, its biggest since July, while WTI is set for a 4 per cent rise after breaching $106 for the first time since May. uncertain
WTI → set → May
Mr Trump denied an Axios report that cited US officials as saying he was willing to offer Iran sanctions relief and release frozen Iranian funds in exchange for "concrete" steps by Tehran on its nuclear programme. asserted
he → deny → programme
I offered them NOTHING," he wrote on Truth Social. asserted
he → offer → Social
US forces complete withdrawal from Iraq after 23 years US forces have withdrawn from their remaining bases in Iraq, in a departure Tehran has celebrated as a win for its allied armed groups across the region. The withdrawal, which took effect today, was agreed in 2024 under former president Joe Biden and comes 23 years after the US-led invasion that toppled Saddam Hussein. asserted
that → complete → Hussein
Iran calls on Americans to remove Trump allies as US troops leave Iraq Iran's Islamic Revolutionary Guard Corps has urged Americans to vote out president Donald Trump's allies in Congress in November's elections. asserted
Corps → call → elections
The 26-page letter asks Americans to use their political power to remove current leaders from office and reject US support for Israel and military intervention abroad. asserted
letter → ask → Israel
"Remove from power the evil, deceitful, and violent politicians who are responsible for America's current state," it said. asserted
it → remove → state
"Make sure your politicians understand that the world has changed." Analysis: asserted
world → make → ?
Trump and Rubio don’t know as much as they think they do US likely committed war crimes with strike on Iran school, UN report finds The US is believed to have committed war crimes during two military strikes in Iran this year, including a devastating attack on a primary school which killed more than 120 children, a damning UN report says. asserted
report → know → children
The deadly incident took place in February this year, soon after the US-Israeli war on Iran started, and alongside another strike on a sports centre resulted in the deaths of at least 178 civilians. asserted
war → take → civilians
The report by humans rights experts also documented the killings of thousands of anti-regime protestors across Iran, in which at least 221 children were reportedly killed, some as young as two years-old. uncertain
some → document → which
The crackdown by Tehran amounted to crimes against humanity, the report said. asserted
report → amount → humanity
You can read more below: asserted
You → read → more
Iraqi Airways to resume Iran flights in October after securing 'special exemption' Iraqi Airways is preparing to resume flights to Iran in October, Iraq's transport ministry said on Tuesday, following a suspension of flights amid US sanctions restricting services to Iranian airlines. asserted
ministry → resume → airlines
The ministry said Iraq had secured a special exemption allowing Iraqi Airways to operate services to Iran. asserted
Airways → say → Iran
Iraq halted flights to and from Iran on Friday in line with US sanctions, and the government had sought exemptions for travel related to pilgrimage, medical treatment and education. asserted
government → halt → pilgrimage
The transport ministry said services next month would initially operate from the Shi'ite holy city of Najaf once regulatory and technical requirements were completed. asserted
requirements → say → Najaf
A source in the Iraqi transport ministry said the exemption was provided by the US Treasury and would run for one month. asserted
exemption → say → month
The number of allowed flights has not yet been determined, the source said. asserted
source → allow → flights
The announcement comes after Reuters reported on Monday that the Trump administration was set to grant a one-month US Treasury waiver allowing Iraqi Airways to fly between Iran and Najaf, with a more permanent exemption potentially following. asserted
exemption → come → Iran
Baghdad had offered safeguards including passenger screening and information sharing, as well as measures to prevent the flights being used to transport weapons, sanctioned individuals or illicit money, a source with direct knowledge of the matter told Reuters. asserted
source → offer → Reuters
Watch: RAF Fairford: What happened and who is behind the alleged terror plot? asserted
who → watch → plot
Trump trolls Iran by renaming the Strait of Hormuz shipping route after himself Donald Trump taunted Iran as he labelled the Strait of Hormuz “Trump Strait” after Tehran proposed a deal to open the key waterway within a week if the US meets certain conditions. asserted
US → troll → conditions
In a post on his Truth Social platform in the early hours of Saturday, the US president shared a picture of a map, with the shipping route labelled with his own name. asserted
route → share → name
It comes after Iran's foreign minister Abbas Araghchi presented a seven-day plan involving a ceasefire to American negotiators on the sidelines of the UN General Assembly in New York this week. asserted
Araghchi → come → York
The conditions for Washington largely echo the ones agreed to in the June deal that fell apart. asserted
that → echo → deal
You can read more below: asserted
You → read → more
Recap: US sanctions 10 over allegedly procuring weapons for Iran The United States has sanctioned ten individuals and entities, including some based in China, Hong Kong and Pakistan, which it has accused of helping Iran procure weapons and components. uncertain
Iran → procure → weapons
…and 3 more, not listed.
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