Trump Rejects Iran Deal Terms, Sending Oil Prices Soaring
Brent crude prices rose 2.1% on Thursday after US President Donald Trump rejected Iran's terms, according to a Wall Street Journal report.
The report cited people familiar with the matter, saying the Trump administration has repeatedly told mediators it has no interest in reviving the June agreement.
This news comes as diplomatic efforts are underway to restart talks. The administration's stance complicates these efforts, making it harder for parties to reach a deal.