Oil prices jump after Trump rejects Iran’s latest offer; Hormuz remains shut

May 11, 2026 · Times of India

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The European Central Bank should be cautious when considering raising interest rates as the full impact of the Iran war
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Josh Rachele performs a hang up the phone celebration after a goal.
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Trump Rejects Iran Peace Offer, Aims to Press Xi
President Donald Trump and Iran have rejected each other’s latest peace proposals to end the conflict. Meanwhile, Trump