Trump Dismisses Iran’s Reply To Peace Plan, Oil Jumps As Hormuz Closure Persists

President Donald Trump’s swift rejection of Iran’s response to a U.S. peace proposal sent oil prices higher on Monday amid concerns the 10-week-old conflict will drag on, keeping shipping through the Strait of Hormuz paralysed. Days after the U.S. floated an offer in the hopes of ‌re-opening negotiations, Iran on Sunday released a response focused […]

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