Oil prices climbs over 3% as Trump rejects Iran’s response to peace deal

Global crude oil prices rose sharply on Monday after US President Donald Trump rejected Iran’s response to a US peace proposal and uncertainty over the Strait of Hormuz. Reports indicated that Brent crude rose above $104 per barrel, while WTI reached $99 per barrel, marking an increase of more than 3%. Since the start of […] The post Oil prices climbs over 3% as Trump rejects Iran’s response to peace deal appeared first on Daily Pakistan English News.