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News · 11 May 2026

Oil prices up as Trump rejects Iran deal

Oil prices up as Trump rejects Iran deal

AI Generated (ChatGPT)

Oil and gas prices are climbing for consumers. President Donald Trump dismissed Iran's proposal to end the conflict as "totally unacceptable" on social media on Monday. Supply issues are severe as the key Strait of Hormuz remains shut since 28 February, with Brent crude up 3.8% to $105.20 a barrel.

Reported by BBC · How we write briefs

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