Global
Oil prices surge after Trump rejects Iran’s plan to reopen Strait of Hormuz
Brent crude rises more than 3 percent to top $107 a barrel as Washington dismisses Tehran’s proposal to end war.
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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 have risen sharply following United States President Donald Trump’s rejection of an Iranian proposal to reopen the Strait of Hormuz within seven days.
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