Oil rises again because of Trump

Oil prices rose more than 1 percent after US President Donald Trump rejected a peace deal with Iran. Reuters reports.

МК

Published Sep 28, 2026

Oil prices rose more than 1 percent after US President Donald Trump rejected a peace deal with Iran. Reuters reports.

By 22:02 GMT, Brent crude futures rose by $1.82, or 1.74 percent, to $106.14 per barrel. The price of West Texas Intermediate crude rose $1.14, or 1.23 percent, to $93.55.

The agreement concerned the settlement of the conflict and the resumption of the work of the Strait of Hormuz. Earlier, Iran handed Washington a seven-day plan to open the strait, but Trump rejected it.

Traffic through the Strait of Hormuz remains disrupted. A fifth of the world’s oil supplies passed through it.

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Source: Московский комсомолец ↗

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