
Trump Rejects Iran Peace Proposal as Oil Prices Surge Past $105
Trump called Iran's peace proposal "totally unacceptable," pushing Brent crude above $105. Here's what it means for global oil markets and energy supply.
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Trump called Iran's peace proposal "totally unacceptable," pushing Brent crude above $105. Here's what it means for global oil markets and energy supply.

War near the Strait of Hormuz disrupts oil supply, triggering the Gulf economic crisis 2026 and raising global inflation and recession risks.