Seven months into Hormuz shutdown: Oil remains elevated as Trump rejects Iran proposal
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This story is aggregated from The Times of India (timesofindia.indiatimes.com). Full reporting rights and copyright belong to the primary publisher.
On Monday, oil prices surged, driven by escalating tensions in the Middle East following Iran's recent peace proposal. U.S. President Trump's dismissal of the proposal has contributed to market volatility. Both Brent crude and U.S. West Texas Intermediate saw price increases, alt...
On Monday, oil prices surged, driven by escalating tensions in the Middle East following Iran's recent peace proposal. U.S. President Trump's dismissal of the proposal has contributed to market volatility. Both Brent crude and U.S. West Texas Intermediate saw price increases, although worries over diesel exports continue to shape market sentiment.
Original Source
https://timesofindia.indiatimes.com/business/international-business/seven-months-into-hormuz-shutdown-oil-remains-elevated-as-trump-rejects-iran-proposal/articleshow/134529530.cms
