Categories: Business

Oil prices today: Crude jumps after Trump rejects Iran’s latest offer; Strait of Hormuz remains shut

Oil prices surged as President Trump rejected Iran’s peace proposal, reigniting fears over global energy supply routes. Hopes for breakthrough talks faded, shifting market attention to Trump’s upcoming visit to Beijing. Saudi Aramco warned of significant oil market losses, while tankers navigated the Strait of Hormuz with tracking systems off.

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4 months ago

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