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Oil jumps 4% as Trump rejects Iran’s response to ceasefire proposal
Oil prices jumped on Monday morning while European markets edged lower and Asian stocks rose to new all time highs after US President Donald Trump rejected Tehran’s response to the latest proposal on ending the war in Iran.
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cnbc.com
Asia markets set to open mixed as oil jumps on Trump rejecting Iran proposal
Investors headed into Monday on edge as Trump’s rejection of Iran’s ceasefire proposal fueled concerns about a prolonged Middle East conflict.
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bbc.com
Oil prices jump after Trump dismisses Iran proposal to end war
The Strait of Hormuz trade route remains effectively shut, disrupting the global energy shipments.
