Energy
Oil Moves Higher on Rekindled War Fears
Crude oil prices started the week with a jump after President Trump rejected a peace deal proposal tabled by Iran last week at the UN General Assembly.
AI Summary
Crude oil prices opened the week with a sharp rise after President Trump dismissed an Iranian peace‑deal proposal presented at the United Nations General Assembly. At the time of reporting, Brent crude was trading at $107.24 a barrel, while West Texas Intermediate was at $94.10 a barrel. The lower WTI price reflected market pressure from news that the United States was involved in the unfolding situation.
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