
Business
Oil Prices Surge After Trump Rejects Iran Peace Proposal
Global energy markets reacted with price increases as the U.S. President rebuffed Iran's latest offer to end the Middle East conflict and the Strait of Hormuz remained shut.
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3 stories on energy-markets, across Business.

Global energy markets reacted with price increases as the U.S. President rebuffed Iran's latest offer to end the Middle East conflict and the Strait of Hormuz remained shut.

Crude oil futures jumped Friday as renewed hostilities between the U.S. and Iran threatened a fragile ceasefire and global supply chains.

Crude oil futures fell sharply Thursday as investors reacted to reports of a draft plan to end the conflict between the United States and Iran.