GeopoliticsHighReportedAccelerating
8.9
Oil Surges 4% to $108 as Trump Rejects Iran Peace Proposal
InfoMoney·US · IR · QA·about 4 hours ago
Brent crude rose to $107.26 per barrel on Monday as markets priced in prolonged disruption to oil flows through the Strait of Hormuz, following weekend statements by U.S. President Donald Trump. The exact nature of the delay and the status of shipping lanes remain uncertain, but the move signals heightened supply risk in a critical chokepoint.
Locations
Entities