Live Updates: Iran vows to fight on, oil prices surge as Trump rejects peace proposal as "unacceptable"

AI Summary

Tensions rise in Iran as President Trump rejects a proposed peace deal, promising continuation of hostilities, while oil prices surge in response to the geopolitical uncertainty. The situation reflects broader oil market dynamics influenced by conflict.

Mr. Trump is expected to encourage China to pressure Iran into making a deal to end the costly war during his visit to Beijing later this week, ...