Oil prices climb after Trump dismisses Iran’s response to peace plan - short news
Brent crude rises after US president calls overture from Tehran ‘totally unacceptable’
Business live – news updates
Oil prices have climbed after Donald Trump condemned Iran’s response to US proposals to end the war as “totally unacceptable”.
The president’s rejection of Tehran’s overture in a post on his Truth Social platform triggered a jump in Brent crude, the international benchmark for oil prices, by as much as 4% on Monday to $105.50 a barrel, before..
source: The Guardian - 11.05.2026