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energyLOWIR2026-05-11 08:27 UTC

Oil Jumps 4% After Trump Rejects Iran’s Peace Response

Oil Jumps 4% After Trump Rejects Iran’s Peace Response

Oil prices rallied on Monday, a day after President Donald Trump said Iran's response to a U.S. proposal was 'unacceptable,' raising supply fears as the Strait of Hormuz stayed largely closed…

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