Skip to content
Guavy Logo GUAVY
Sign up
Back to Guavy Wire
Commodities

Trump Rejects Iranian Peace Proposal, Oil Prices Rebound

Guavy AI Editorial Team
Instruments
Oil
Share

Oil prices rebounded on Monday after US President Donald Trump rejected a peace deal from Iran to resolve their conflict and reopen the Strait of Hormuz. The move kept tensions in the Middle East elevated, causing oil prices to rise more than 1%. Brent crude futures rose $1.32, or 1.27%, to $105.64 a barrel by 0036 GMT, while US West Texas Intermediate crude was at $93.11 a barrel, up 70 cents, or 0.76%.

The Iran-backed Houthis continued their attacks on Saudi Arabia, leaving regional supply flows vulnerable, according to ANZ analysts. Yemen's Saudi-led coalition said it intercepted two ballistic missiles and two drones launched by the Houthis towards the kingdom.

Refined oil products remain a pressure point, with record US diesel prices intensifying inflation risks and prompting renewed debate over potential export curbs, ANZ analysts added.

More on Commodities

Commodities 1m ago

LNG Prices Soar Past Crude Oil Amid Middle East Tensions

Commodities 1m ago

Collins and King Call for Trump to Release Heating Oil Reserves Amid Record Prices

Commodities 1m ago

ARA Fuel Oil Stocks Surge Amid Rising Demand and Tight Bunkers

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Guavy Logo GUAVY

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

© 2026 Guavy Inc

Terms Privacy Policy