World

Oil Prices Surge Amid Tensions

Updated 2026-09-28 09:40 UTC 1 source Negative

Oil prices have surged by more than 3 percent to over $107 a barrel after U.S. President Trump rejected Iran’s plan to reopen the Strait of Hormuz, escalating tensions in the region.

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Al Jazeera
Brent crude rises more than 3 percent to top $107 a barrel as Washington dismisses Tehran's proposal to end war.
2026-09-28 09:17 UTC
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