1 Day
Source:
بوابة أخبار اليوم
Oil gains over 1% as Trump rejects Iran peace plan
Oil prices rose by more than 1% following U.S. President Donald Trump's rejection of an Iranian proposal to reopen the Strait of Hormuz, which increased geopolitical tensions in the region. The escalation of tensions and attacks on energy infrastructure led to higher shipping insurance costs and heightened market risks, pushing oil prices higher at the start of the week. Previously, Trump had indicated the possibility of oil prices returning to pre-war levels with Iran after a quick victory over Iran.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)