Iran's Hormuz Proposal Rejected, CDL Unlocks $6 Billion and Middle East Crude Hits a War-Era High

Headline news for September 28, 2026: Iran's seven-day Hormuz reopening roadmap, announced at the UN General Assembly, was publicly rejected over the weekend but Tehran says it is still awaiting the formal response through Qatari mediators. CDL announces plans to unlock six billion Singapore dollars from non-core assets. Middle East crude exports rebound to their highest level since the war began.

Synopsis: A round up of global headlines to start your day by The Business Times.

Written by: Claressa Monteiro (claremb@sph.com.sg)

Produced and edited by: Claressa Monteiro or Nicole Teo

Produced by: BT Podcasts, The Business Times, SPH Media

Produced with AI text-to-speech capabilities

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