Oil falls on report Asia will import highest volume of crude since start of Iran war

The region is on track to import 23.96 million barrels per day ​in September, up from 23.38 million bpd in August and the most since February, Reuters said, citing data compiled by Kpler. Meanwhile, tensions continue to simmer between the U.S. and Iran after Iranian President Masoud Pezeshkian blamed the U.S. and Israel for stoking global instability.