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energyLOWIR2026-05-11 01:32 UTC

Oil Prices Surge After Trump Rejects Iran Peace Offer

Oil prices spiked in early Asian trade on Monday after President Trump unequivocally rejected Iran's response to a U.S.-drafted peace proposal. At the time of writing, Brent crude was up 3.33%, trading at $104.60 per barrel, while West Texas Intermediate had risen to $98.62 per barrel, up 3.35%. The

ORIGINAL SOURCE →via OilPrice.com
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