Business
Oil Prices Surge Amid Iran Conflict
Oil prices surged after US President Donald Trump dismissed an Iranian proposal to end the conflict in the Strait of Hormuz, disrupting global energy shipments.
Coverage timeline — 3 articles
BBC News
The Strait of Hormuz waterway remains effectively shut, severely disrupting global energy shipments.
2026-05-11 01:12 UTC
CNBC
Investors headed into Monday on edge as Trump’s rejection of Iran’s ceasefire proposal fueled concerns about a prolonged Middle East conflict.
2026-05-10 23:52 UTC
CNBC
Oil prices jumped on Monday after Israel warned that the conflict with Iran was still ongoing.
2026-05-10 23:56 UTC