Brent crude jumps over 3% after Trump rejects Iran offer
AI Summary
Brent crude rose more than 3% after Donald Trump rejected an Iranian offer for a seven-day truce. Tehran said the offer would include reopening the Strait of Hormuz, linking the diplomatic standoff to concerns about oil supply and shipping.
Brent crude jumped more than three percent Monday after Donald Trump rejected an Iranian offer of a seven-day truce that Tehran said would see it reopen the Strait of Hormuz. The post Brent crude jumps over 3% after Trump rejects Iran offer appeared first on Vanguard News.