Oil jumps as US and Iran disagree on peace proposal - Reuters
Oil jumps as US and Iran disagree on peace proposal Reuters
Coverage by Political Leaning
See how different sides of the spectrum reported this story
Notable Quotes
"unacceptable"
— Donald Trump , Politician
"The oil market continues to trade like a geopolitical headline machine, with prices swinging sharply based on every comment, rejection, or warning coming from Washington and Tehran."
— Priyanka Sachdeva , Other
"The world has lost about 1 billion barrels of oil over the past two months and energy markets will take time to stabilize even if flows resume."
— Amin Nasser , Executive
"Market attention now shifts squarely to President Trump’s visit to China this week."
— Tony Sycamore , Other
"unacceptable"
— Donald Trump , Politician
Key People
Amin Nasser is the President and CEO of Saudi Aramco.
Former president of the United States known for his aggressive economic policies.
Priyanka Sachdeva is a senior market analyst at Phillip Nova.
IG Markets analyst providing insight on market trends.
Xi Jinping is the General Secretary of the Communist Party of China and President of China.
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<a href="https://news.google.com/rss/articles/CBMiqAFBVV95cUxPZnd6N0Zkang0NXYwR1c5V1M5ZDNWcjRaM1k5RDVidlU0UlpqRUVZcXdLSVMtd3VqYVY3RkVGa0piQVc4eERTRV94TjVIQXlUTE85Z1pwQ055cDZQNy13bmZiOC12ODJhclBzUkJiZXN0TlRXMHpOcTdlUGVrc1BUNkZfTUpSMHN0OWlrZ2ZPQjBKREtSeXZjUE1lRDdlX1JOMDU4SDZwdy0?oc=5" target="_blank">Oil jumps as US and Iran disagree on peace proposal</a> <font color="#6f6f6f">Reuters</font>
Oil prices turned positive after reports that Iran rejected a U.S. proposal for the Strait of Hormuz, leading to market volatility.
Oil prices increased by over 1% following renewed hostilities between the U.S. and Iran, threatening the Strait of Hormuz's reopening.
Oil prices surged by $3 a barrel as the U.S. and Iran failed to agree on a peace proposal, keeping global energy supplies tight due to the closure of the Strait of Hormuz.
Oil prices surged by $3 a barrel as the United States and Iran failed to agree on a peace proposal, keeping global energy supplies tight.
Oil prices surged by $3 a barrel as the United States and Iran failed to agree on a peace proposal, while the Strait of Hormuz remained largely closed, tightening global energy supplies.
Oil prices increased by $3 a barrel as the U.S. and Iran failed to agree on a peace proposal, with the Strait of Hormuz remaining largely closed, keeping global energy supplies tight.
Oil prices dipped amid choppy trade as investors awaited clarity on the status of indirect talks between the U.S. and Iran, wary about sustained supply losses due to shipping disruptions.
Oil prices rose by $3 a barrel as the U.S. and Iran failed to agree on a peace proposal, with the Strait of Hormuz remaining largely closed, keeping global energy supplies tight.
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