The oil market should brace for a forever stalemate in Iran

The Sydney Morning Herald - Oct 29, 2026

The oil market sees the future of the war in the Middle East as binary. Either Iran or the US reach a deal or they head into a worsening conflict. There is, however, a third path - and it’s not pretty.

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The oil market should brace for a forever stalemate in Iran

More News

ASX rises after Fed keeps rates on hold; Star shares jump, retailers slump

Consumers are mincemeat, but the RBA keeps raising the heat

Rich surface samples open new silver frontier for Patriot in Peru

Failed $44b Firmus float probed by corporate watchdog

Forrestania inks fresh ore deal to feed hungry WA gold hub

Gen Z workers don’t want to be the boss. Can you really blame them?

‘Politics played no role’: Fed hits pause button ahead of midterms

Wesfarmers chair Michael Chaney preaches AI caution amid all the talk of transformation

Anthropic brings its mega IPO to Australia’s AI-starved investors

Trump’s America is facing a reckoning as it drowns in debt

Right Resources clocks 90% gold recoveries in NSW met test

ASX ends flat as inflation boosts rate rise bets; tech stocks rally

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