Business

Iran responds to U.S. ceasefire proposal. What next for oil?

THE STREET·3h ago·3 min read

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RSS SUMMARY · AGGREGATED FROM THE STREET

The answer investors have been waiting for arrived on May 10. Iran sent its response to the latest U.S. ceasefire proposal through mediator Pakistan. Within hours, President Donald Trump called it "totally unacceptable." Oil markets, which had been pricing in peace hopes since May 7, now face a …

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The Source

Iran says it will ‘never bow’ as Trump rejects peace counteroffer, prolonging Middle East conflict

CNBC·2h ago·3 min read

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Iran says it will ‘never bow’ as Trump rejects peace counteroffer, prolonging Middle East conflict