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Brent crude rises more than 3 percent to top $107 a barrel as Washington dismisses Tehran's proposal to end war.
Oil prices surged after Donald Trump made a bold claim about Iran that shifted the market’s direction. The president denied reports of offering sanctions relief, while Qatar pushed for diplomatic breakthroughs amid ongoing Middle East tensions. Crude prices rise while hopes for a US-Iran breakthrough remain uncertain…
Surging crude prices are dragging on U.S. futures after President Donald Trump rejected Iran’s proposal to reopen the Strait of Hormuz.