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EconomyOil gains over 1% after Trump rejects Iranian proposal to reopen Strait of Hormuz

Oil prices rose more than 1% on Monday after U.S. President Donald Trump turned down an Iranian peace proposal intended to end the conflict and reopen the Strait of Hormuz.

Oil pricesDonald TrumpIranStrait of Hormuz

People in this report Donald Trump

CCNBC★★★★☆2026-09-27 23:58Original

Oil gains over 1% after Trump rejects Iranian proposal to reopen Strait of Hormuz
Oil gains over 1% after Trump rejects Iranian proposal to reopen Strait of HormuzEconomy