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Oil prices rise amid prolonged Mideast conflict fears despite US-Iran talks for ceasefire.

Market News
28 Sep 2026
CNBC
View Source
Bullish
Oil prices rise amid prolonged Mideast conflict fears despite US-Iran talks for ceasefire.

Oil prices increased for a second day as concerns grow over the ongoing Middle East conflict, despite renewed efforts by the US and Iran to negotiate a ceasefire through mediators. Brent crude rose 1.22% to $106.56 per barrel, and US West Texas Intermediate gained over 1% to $93.57 per barrel. Talks between the US and Iran are indirect and mediated by Qatar, focusing on ending hostilities, but tensions remain high due to conflicts between Saudi Arabia and the Houthis, which threaten regional energy infrastructure. The Strait of Hormuz, a critical oil transit route, remains a key point of concern amid these tensions, with potential impacts on global oil supply.

Oil prices are the subject, with Pluang's Energy sector data providing market context. As of Sep 29, 2026 08:41 WIB, 13 of 38 Energy-sector US stocks rose while 25 fell. Notable movers include First Solar (FSLR) at USD 172.88, down 2.72%, Solaredge Technologies (SEDG) at USD 31.99, down 2.11%, and Uranium Energy Corp (UEC) at USD 9.23, down 1.91%.

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Bitcoin holds above $83K despite $511M crypto liquidations amid mixed market moves

Bitcoin holds above $83K despite $511M crypto liquidations amid mixed market moves

Bitcoin remained above $83,000 on September 29 even as $511 million in crypto positions were liquidated within 24 hours, signaling market pressure. The decline in Bitcoin was limited to 1.14%, while Ether slightly rose and other major coins like Sola...

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Zcash sees $10.11M in liquidations as price drops 5.53% in one hour

Zcash sees $10.11M in liquidations as price drops 5.53% in one hour

Zcash (ZEC) experienced $10.11 million in liquidations within an hour ending at 9:23 p.m. ET on September 28, primarily from long positions which accounted for $10.08 million of the total. The token's price fell 5.53%, dropping from $1,477 to $1,396 ...

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Azenta faces class action over CEO resignation and alleged misleading info, stock dropped 12%.

Azenta faces class action over CEO resignation and alleged misleading info, stock dropped 12%.

Rosen Law Firm is investigating potential securities claims against Azenta, Inc. following the sudden resignation of CEO John P. Marotta on August 22, 2026, which led to a 12% drop in Azenta's stock price. The firm alleges Azenta may have provided ma...

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Scammers steal $2M in Ethereum via fake GIWA network on DYORSWAP platform

Scammers steal $2M in Ethereum via fake GIWA network on DYORSWAP platform

Scammers have successfully stolen $2 million worth of Ethereum by using a fake GIWA network to deceive users on the DYORSWAP platform. This incident highlights the ongoing risks of phishing and fake networks in the crypto space, emphasizing the need ...

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Polygon staking rewards to rise to 7.7% starting Oct 1, funded by network fees.

Polygon staking rewards to rise to 7.7% starting Oct 1, funded by network fees.

Polygon Chain will increase staking rewards to 7.7% beginning October 1, funded by 27.3 million POL in accumulated priority fees. This plan, outlined in Polygon Improvement Proposal 92 (PIP-92), aims to boost rewards for stakers over the next two mon...

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