Crude Oil Soar 4% After Trump Rejects Iran’s Peace Proposal; Gift Nifty Down 193 Points
Last Updated:May 11, 2026, 07:19 IST Oil jumps as Trump rejects Irans latest response on ceasefire proposal, Strait of Hormuz stays effectively closed, WTI and Brent surge, gold falls, peace talks suffer setback US President Donald Trump rejected Iran’s response to US peace proposal to end the war in the Middle east Oil prices on…