Oil rises $4 after Trump rejects Iran's response to US peace proposal
Oil prices rallied on Monday, after US President Donald Trump said Iran’s response to a US proposal was “unacceptable,” raising supply fears as the Strait of Hormuz stayed largely closed, which kept the global market tight. Brent crude futures climbed $4.16 or 4.11 per cent to $105.45 a barrel at 03
ORIGINAL SOURCE →via Dawn Pakistan
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