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energyMEDIUMIR2026-05-11 16:10 UTC

Oil Prices Jump After Trump Rejects Iran’s Peace Proposal

Oil prices rallied on Monday morning after U.S. President Donald Trump rejected Iran’s response to a U.S. peace proposal, “I don’t like it – totally unacceptable,” Trump said in a Truth Social post, quashing hopes for an imminent resolution to the Middle East conflict that kicked off in late Februar

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