Oil prices surge after Trump rejects Iran’s plan to reopen Strait of Hormuz
- Brent crude rises more than 3 percent to top $107 a barrel as Washington dismisses Tehran’s proposal to end war.
- Oil prices have risen sharply following United States President Donald Trump’s rejection of an Iranian proposal to reopen the Strait of Hormuz within seven days.
- Brent crude, the international benchmark, rose more than 3 percent on Monday, nearing $108 a barrel during trading in Asia.
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- Brent crude rises more than 3 percent to top $107 a barrel as Washington dismisses Tehran’s proposal to end war.
- Oil prices have risen sharply following United States President Donald Trump’s rejection of an Iranian proposal to reopen the Strait of Hormuz within seven days.
- Brent crude, the international benchmark, rose more than 3 percent on Monday, nearing $108 a barrel during trading in Asia.
Sources: Al Jazeera