Trade
More tankers are moving through Hormuz.
The Times's Wednesday front said oil exports in the Middle East are rising even while prices stay high. Supply is still short of demand.
The Rocket News · Washington Bureau · New YorkSeptember 30, 2026 · 3 min read

NEW YORK — The Wednesday front of The New York Times led its business news with the strait. More tankers are moving through Hormuz as shippers gain confidence, Peter Eavis reported, even as attacks have not stopped. Prices remain elevated. The global supply of oil is still below demand.
Five days ago Iran offered to reopen the strait in seven days if Washington lifted the blockade and waived oil sanctions. The Economy desk does not treat that offer as a deal. It files what the paper printed this morning: the ships are moving, and the barrel is still scarce.
More tankers are moving. The global supply of oil is still below demand.
The diesel-export argument on the same front, the Republicans asking Trump for a ban, is a second story. This note is the traffic in the strait.
Wire and further reading: nytimes.com
Filed under Economy
Keep reading

Trade
The offer is an oil deal.
Iran wants the blockade lifted and the sanctions on its oil sales waived. The same morning, the Times said Trump is considering a ban on U.S. diesel exports.

Trade
The magnets are still China’s.
Benchmark says the United States can meet 42 percent of demand for the two most-used rare earths. Into the 2030s it will still import. November 10 is the date on the table.

Trade
The fourth USMCA round waits.
Washington asked for a delay. Xi is in town, and G20 trade ministers meet in Milwaukee next week. There is no new date.
