Nymex Overview: Petroleum Futures Prices Rise After Trump Rejects Iranian Overture — OPIS

Crude oil and refined product futures contracts were seeing solid gains to start the week as markets reacted to President Trump's rejection of an Iranian proposal that could have led to a reopening of the Strait of Hormuz.U.S. crude prices were rising by more than 3% at 11:15 a.m. ET, with the Nove…