Oil prices rise as Trump rejects ‘unacceptable’ Iran response to peace plan

May 11, 2026 - 10:00
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Oil prices rise as Trump rejects ‘unacceptable’ Iran response to peace plan

Oil prices climbed sharply on Monday after United States President, Donald Trump, rejected Iran’s response to a U.S. peace proposal, raising fears that the prolonged conflict could continue disrupting global energy supplies through the Strait of Hormuz. The latest development came after Washington recently presented a proposal aimed at reviving negotiations and halting the conflict […]

The post Oil prices rise as Trump rejects ‘unacceptable’ Iran response to peace plan appeared first on Tribune Online.

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