Oil Rises $3 After Trump Rejects Iran’s Response to US Peace Proposal

Summary Trump calls Iran’s response to U.S. peace proposal ‘unacceptable’ Trump, Xi to discuss Iran among other topics later this week Aramco CEO warns 1 billion barrels lost will slow oil market recovery 3 more tankers exit Strait of ​Hormuz with trackers switched off (Reuters) – Oil prices rallied on Monday, a day after President Donald … Read more