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Oil Prices Rebound After Houthis Say They Attacked Saudi Tanker
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- Sep 27, 2026, 4:55 PM UTC
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Investing.com-- Oil prices rose more than 1% on Monday after Iran said it would not soften its conditions for reopening the Strait of Hormuz, after U.S. President Donald Trump rejected Tehran’s proposal, raising uncertainty over when traffic through the crucial oil shipping route will return to normal.
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.