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Investing.com -- Oil prices rose on Monday after President Donald Trump said he had rejected an Iranian proposal to reopen the Strait of Hormuz. Gains were pared after media reports said Trump was ready to ease sanctions on Iran and release its frozen assets in exchange for concrete progress on the country’s nuclear…
By Samuel Indyk and Jiaxing Li LONDON, Sept 28 (Reuters) - The US dollar was steady near a two-month high as the US-Iran standoff continued to push up oil prices and Treasury yields, while investors looked ahead to a data-packed week for further clues ...
Brent crude climbed above $108 a barrel Monday after Trump turned down Tehran