Business

Trump says a resounding “no.” Oil price skyrockets


Donald Trump left no doubt about his position on Iran's latest response to the American peace proposal.

“I just read the response from the so-called 'representatives' of Iran. I don't like it – it is TOTALLY UNACCEPTABLE!” – Trump wrote on Truth Social.

However, he did not disclose the details of the document, which only increased uncertainty surrounding the further course of negotiations.

Market reaction: oil up

Trump's words immediately had an impact on the markets. The price of Brent crude oil – the global benchmark – increased by over 4%, exceeding USD 105. per barrel.

Ashley Davis

I’m Ashley Davis as an editor, I’m committed to upholding the highest standards of integrity and accuracy in every piece we publish. My work is driven by curiosity, a passion for truth, and a belief that journalism plays a crucial role in shaping public discourse. I strive to tell stories that not only inform but also inspire action and conversation.

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