Oil Prices Rebound More Than 1% After Trump Rejects Iran Peace Deal To Reopen Strait Of Hormuz
Oil Prices Rebound More Than 1% After Trump Rejects Iran Peace Deal To Reopen Strait Of Hormuz - RTRS
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Oil rebounds after Trump rejects Iran peace deal
Oil prices rebounded more than 1% on Monday after US President Donald Trump rejected a peace deal from Iran to resolve their conflict and reopen the Strait of Hormuz.Brent crude futures ICEEUR:BRN1! rose $1.82, or 1.74%, to $106.14 a barrel by 2202 GMT while US West Texas Intermediate crude NYMEX:C…