Monday, 28 September 2026Updated 12m ago
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Trump ‘no’ to Iran’s peace offer sends oil soaring

1 source · first seen 19:59 28 Sept · updated 19:59 28 Sept

The brief

Written from 1 report · check the source before you trade
  • Trump rejected Iran’s peace offer, raising the prospect of a prolonged war
  • Oil prices soared after the rejection
  • Higher crude costs pressure Indian oil marketers, airlines and other fuel-intensive businesses

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Crude oil125 todayIran80 todayStrait of Hormuz17 todayDonald Trump47 todayGeopolitics104 today

Linked by the tag Strait of Hormuz

57 stories this week
  1. 28 SeptJapan's Nikkei slips as oil prices and rate concerns weighMarket move · 1 source · Oil prices jumped after Donald Trump rejected Iran’s latest proposal to reopen the Strait of Hormuz
  2. 28 SeptCruise Stocks Have Hit Choppy WatersMarket move · 1 source
  3. 28 SeptQatar-linked LNG vessel transits through Hormuz increase despite conflict2 sources · Recent transits of QatarEnergy-linked LNG vessels through the Strait of Hormuz have increased
  4. 28 SeptQatar Extends LNG Force Majeure as Hormuz Disruptions Drag On1 source
  5. 28 SeptEurope Draws More LNG as Hormuz Crisis Tightens Global MarketMarket move · 1 source
All Strait of Hormuz stories →
Part of a developing story47 updates over 5 days

Iran conflict and oil market tensions

Oil rose amid threats to widen the Iran conflict and tensions over reopening the Strait of Hormuz. Trump rejected Iran’s peace proposal, and rising oil prices and yields weighed on markets; Indian benchmark indices fell to a six-month low, their third 1% plunge in 10 sessions.

Monday, 28 September

  1. West Asia worries send benchmark indices to six-month low; third 1% plunge in 10 sessions
  2. You are here
    Trump ‘no’ to Iran’s peace offer sends oil soaring
  3. 2 sources
    US Stocks Decline as Middle East Stalemate Pushes Oil Higher
  4. 4 sources
    Wall Street futures fall as oil rises after Trump rejects Iran peace proposal
  5. Stock Market Today: Rejected Iran Truce Pushes Oil, Yields Higher
  6. ‘They were asking for everything up front:’ US Ambassador to UN Mike Waltz explains why Trump rejected Iran's proposal
  7. Hormuz Tensions: Iran Hits Back At US Over Strait Control, Points To Oil Price Premium

See all 47 updates →

Read the reports

1 report · earliest 19:59
MintTrump ‘no’ to Iran’s peace offer sends oil soaring19:59