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strikeMay 11, 2026

Trump dismisses Iran's reply to peace plan, oil jumps as Hormuz closure persists

Summary

Trump dismisses Iran's reply to peace plan, oil jumps as Hormuz closure persists Dubai/Washington ― President Donald Trump's swift rejection of Iran's response to a U.S. peace proposal sent oil prices higher on Monday amid concerns the 10-week-old conflict will drag on, keeping shipping through the Strait of Hormuz…

Source: Nayera Abdallah; Elwely Elwelly; Idrees Ali; The Detroit News — Read the full report

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  • Nayera Abdallah; Elwely Elwelly; Idrees Ali; The Detroit NewsBy Nayera Abdallah; Elwely Elwelly; Idrees Ali; The Detroit News

    Trump dismisses Iran's reply to peace plan, oil jumps as Hormuz closure persists Dubai/Washington ― President Donald Trump's swift rejection of Iran's response to a U.S. peace proposal sent oil prices higher on Monday amid concerns the 10-week-old conflict will drag on, keeping s…

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