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International oil prices rose more than 2% as negotiations between the United States and Iran stalled. The gains came after U.S. President Donald Trum
Brent crude opened the week above $105 per barrel as US-Iran negotiations stalled over maritime access. Trump rejected Tehran's seven-day truce plan tied to reopening the Strait of Hormuz, while CENTCOM redirected 122 vessels and 80 countries urged immediate restoration of commercial transit.
Oil prices climbed 2% as Trump rejected an Iran peace deal and Middle East exports rebounded, raising Brent to a two-week high. Market reacts to new uncertainty.