Monday, September 28, 2026
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Oil gains over 1% as Trump rejects Iranian proposal to reopen Hormuz Strait

Oil prices jumped on Monday after U.S. President Donald Trump rejected an Iranian peace proposal aimed at ending the conflict.

This article was originally published by CNBC Top News and is republished here under license.

Oil prices jumped on Monday after U.S. President Donald Trump rejected an Iranian peace proposal aimed at ending the conflict.

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