Oil Extends Gain as Trump Casts Doubt Over Ceasefire With Iran
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Oil Extends Gain as Trump Casts Doubt Over Ceasefire With Iran

May 11, 2026
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Posted 5 hours ago by

Oil pushed higher as US President Donald Trump cast doubt over the ceasefire with Iran after rejecting Tehran’s latest peace offer, prolonging the effective closure of the vital Strait of Hormuz.

Oil Extends Gain as Trump Casts Doubt Over Ceasefire With Iran
Bloomberg
Bloomberg

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