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

https://mins.news/en/item/76392

- CNBC, 2026-09-27 23:58 UTC
- Economy
- Original: https://www.cnbc.com/2026/09/28/oil-price-today-wti-brent-trump-iran.html

> 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.

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