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Oil prices rebound above $105 after Trump rejects Iranian Hormuz peace deal
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- Published
- Sep 28, 2026, 1:39 AM UTC
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President of the United States (2017–2021; since 2025)
Donald John Trump is an American politician, media personality, and businessman who is the 47th president of the United States. A member of the Republican Party, he served as the 45th president from 2017 to 2021.
More on Wikipedia ↗Oil prices jumped on Monday after U.S. President Donald Trump rejected an Iranian peace proposal aimed at ending the conflict.
US president announces rejection of proposed roadmap but leaves door open to diplomacy, signalling that further talks with Tehran could take place later this week.
TEHRAN (Tasnim) – Oil prices rose Monday after US President Donald Trump rejected a proposal for a seven-day truce and the reopening of the Strait of Hormuz, renewing concerns over energy supplies and inflation.