Markets
May 11, 2026
Trump Calls Iran’s Peace Proposal “Totally Unacceptable” as Oil Hits $105
The Iran war reached a critical inflection point on Sunday after Tehran submitted its formal counterproposal through Pakistani mediators and President Trump rejected it within hours. Brent crude surged more than 4% to $105.51 a barrel, with WTI climbing nearly 5% to around $100. The crude oil price reaction was immediate. Iran’s proposal demanded full […]