{"id":438847,"date":"2026-09-25T17:14:06","date_gmt":"2026-09-25T10:14:06","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/crude-oil-falls-on-reports-of-potential-phased-us-iran-deal-that-would-reopen-the-strait-of-hormuz-438847\/"},"modified":"2026-09-25T17:14:06","modified_gmt":"2026-09-25T10:14:06","slug":"crude-oil-falls-on-reports-of-potential-phased-us-iran-deal-that-would-reopen-the-strait-of-hormuz","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/crude-oil-falls-on-reports-of-potential-phased-us-iran-deal-that-would-reopen-the-strait-of-hormuz-438847\/","title":{"rendered":"Crude oil falls on reports of potential phased US-Iran deal that would reopen the Strait of Hormuz"},"content":{"rendered":"<div>\n<p class=\"MsoNormal\" style=\"margin: 0 0 11px; line-height: 105%; font-family: Aptos, sans-serif; font-size: 15px\">FUNDAMENTAL<br \/>\n        OVERVIEW<\/p>\n<p class=\"MsoNormal\" style=\"margin: 0 0 11px; font-family: Aptos, sans-serif; line-height: normal; font-size: 15px\">\u00a0<\/p>\n<p class=\"MsoNormal\" style=\"margin: 0 0 11px; line-height: 105%; font-family: Aptos, sans-serif; font-size: 15px\">Crude oil fell<br \/>\n        yesterday after reports of US and Iran discussing a phased deal to reopen the Strait<br \/>\n        of Hormuz and end the US blockade. Iran has put an offer on the table, promising to<br \/>\n        reopen the Strait of Hormuz within seven days if the US meets its terms. Iran&#8217;s<br \/>\n        Foreign Minister Araghchi is staying in New York over the weekend to await a US<br \/>\n        response. <\/p>\n<p class=\"MsoNormal\" style=\"margin: 0 0 11px; line-height: 105%; font-family: Aptos, sans-serif; font-size: 15px\">It goes without<br \/>\n        saying that a breakthrough in negotiations would send oil prices quickly lower,<br \/>\n        while a prolonged stalemate or even a re-escalation should keep the market<br \/>\n        supported into new highs. \u00a0<\/p>\n<p class=\"MsoNormal\" style=\"margin: 0 0 11px; font-family: Aptos, sans-serif; line-height: normal; font-size: 15px\">Keep in mind that Trump is facing many constraints at<br \/>\n        the moment, so an end to the war is more likely than not. The only question is<br \/>\n        the timeline and that\u2019s what\u2019s been driving the price action recently. <\/p>\n<p class=\"MsoNormal\" style=\"margin: 0 0 11px; font-family: Aptos, sans-serif; line-height: normal; font-size: 15px\">\u00a0<\/p>\n<p class=\"MsoNormal\" style=\"margin: 0 0 11px; line-height: 105%; font-family: Aptos, sans-serif; font-size: 15px\">CRUDE OIL<br \/>\n        TECHNICAL ANALYSIS \u2013 DAILY TIMEFRAME<\/p>\n<\/p>\n<p style='margin-right: 0; margin-left: 0; font-family: \"Times New Roman\", serif; font-size: 16px'>On the daily chart, we can<br \/>\n        see that <a href=\"https:\/\/www.tradingview.com\/symbols\/USOIL\/\" style=\"color: rgba(70, 120, 134, 1); text-decoration: underline\" rel=\"follow\">crude oil<\/a>(CFD contract) pulled back to<br \/>\n            the major 93.00 zone on renewed hopes for a US-Iran deal. The buyers will<br \/>\n            likely pile in around these levels with a defined risk below the zone to<br \/>\n            position for a rally into the 110.00 resistance. The sellers, on the other<br \/>\n            hand, will look for short positions below the 93.00 zone to target a drop into<br \/>\n            the lower bound of the channel around the 85.00 handle.<\/p>\n<p style='margin-right: 0; margin-left: 0; font-family: \"Times New Roman\", serif; font-size: 16px'>CRUDE OIL TECHNICAL<br \/>\n        ANALYSIS \u2013 4 HOUR TIMEFRAME<\/p>\n<\/p>\n<p style='margin-right: 0; margin-left: 0; font-family: \"Times New Roman\", serif; font-size: 16px'>On the 4 hour chart, we can<br \/>\n        see more clearly the price action around the 93.00 zone which might get<br \/>\n        choppier as we head into the weekend due to gap risks. Again, the buyers will likely<br \/>\n        step in around these levels to target new highs, while the sellers will look for<br \/>\n        short positions below the zone to keep pushing into new lows.<\/p>\n<p style='margin-right: 0; margin-left: 0; font-family: \"Times New Roman\", serif; font-size: 16px'>CRUDE OIL TECHNICAL<br \/>\n        ANALYSIS \u2013 1 HOUR TIMEFRAME<\/p>\n<\/p>\n<p style='margin-right: 0; margin-left: 0; font-family: \"Times New Roman\", serif; font-size: 16px'>On the 1 hour chart, we can<br \/>\n        see the price broke below the minor upward trendline that was defining the bullish<br \/>\n        momentum. If the price pulls back to retest the trendline, we can expect the<br \/>\n        sellers to step in with a defined risk above the trendline to position for a drop<br \/>\n        into the 85.00 level. The buyers, on the other hand, will want to see the price<br \/>\n        rising back above the trendline to increase the bullish bets into the 110.00<br \/>\n        level next. The red lines define the <a href=\"https:\/\/investinglive.com\/Education\/trading-tip-know-the-average-daily-range-adr-20220207\/\" style=\"color: rgba(70, 120, 134, 1); text-decoration: underline\" rel=\"follow\">average daily range<\/a> for today. <\/p>\n<p class=\"MsoNormal\" style=\"margin: 0 0 11px; line-height: 105%; font-family: Aptos, sans-serif; font-size: 15px\">UPCOMING CATALYSTS<\/p>\n<p class=\"MsoNormal\" style=\"margin: 0 0 11px; font-family: Aptos, sans-serif; line-height: 103%; font-size: 15px\"><a href=\"https:\/\/investinglive.com\/EconomicCalendar\" style=\"color: rgba(70, 120, 134, 1); text-decoration: underline\" rel=\"follow\">Today<\/a> we don\u2019t have anything<br \/>\n        on the agenda, but traders will keep a close eye on US-Iran developments after<br \/>\n        yesterday\u2019s proposal of reopening the Strait of Hormuz under certain<br \/>\n        conditions.<\/p>\n<p>                            This article was written by Giuseppe Dellamotta at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>FUNDAMENTAL OVERVIEW \u00a0 Crude oil fell yesterday after reports of US and Iran discussing a phased deal to reopen the Strait of Hormuz and end the US blockade. Iran has put an&hellip;<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-438847","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/438847","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=438847"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/438847\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=438847"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=438847"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=438847"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}