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وكالة صدى نيوز
Oil rises after Trump rejects Iran's Strait proposal
Oil prices rose by more than 1%, with Brent crude reaching $105.64 per barrel and West Texas Intermediate at $93.11. This increase was driven by stalled negotiations between the United States and Iran and President Trump's rejection of an Iranian proposal to open the Strait of Hormuz, amid ongoing tensions in the region that threaten global energy supplies. Although oil exports recovered in September from the region, they remain 6 million barrels per day lower than February levels, as the Strait of Hormuz continues to be one of the most critical global energy passages.
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