Events Archive
strikeMay 11, 2026
Oil prices rise as Trump rejects 'unacceptable' Iran plan
Summary
US President Donald Trump's swift rejection of Iran's response to a US peace proposal has sent oil prices surging amid concerns the 10-week-old conflict will drag on, keeping shipping through the Strait of Hormuz paralysed.
Actors involved
USIsraelIranProxyChina
Sources
- CurrentsAPI
US President Donald Trump's swift rejection of Iran's response to a US peace proposal has sent oil prices surging amid concerns the 10-week-old conflict will drag on, keeping shipping through the Strait of Hormuz paralysed. Days after the US floated an offer in the hopes of re-op…
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