Government leadersEconomic data
Oil gains over 1% as Trump rejects Iranian proposal to reopen Hormuz Strait
Oil prices jumped on Monday after U.S. President Donald Trump rejected an Iranian peace proposal aimed at ending the conflict.
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More news about Iran
- The Hormuz bonus: Sailor salaries soar for transits amid Iran warReports have emerged that tanker captains are earning $100,000 plus a $50,000 per-trip bonus to transit the strait.
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- Oil majors look beyond Middle East war in pursuit of region’s vast reservesWestern groups look to new investment opportunities despite the chaos and heightened risks caused by the conflict with Iran
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- Trump says he is not keen on a deal with Iran as U.S. reportedly prepares for 'massive bombing'The U.S. president and his national security team have discussed possibly resuming large-scale U.S. military operations in the coming weeks, NBC News reported.
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- Oil gains as Middle East hostilities stoke supply worriesPresident Donald Trump and his national security team have talked about possibly restarting large-scale U.S. military operations in Iran in the coming weeks, NBC News reported.
- US stocks slide as oil prices fluctuate over renewed Iran war fearsOil prices rose on fresh concerns about Middle East supplies, before falling on the possible release of more reserves.
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