Trump Dismisses Iran’s Offer, Oil Rises as Hormuz Closure Persists

President Donald Trump’s swift rejection of Iran’s response to a U.S. peace proposal pushed oil prices higher on Monday, fueling concerns that the 10-week-old conflict will drag on and continue to paralyze shipping through the Strait of Hormuz. Days after …

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According to Insurance Journal’s linked item, Trump Dismisses Iran’s Offer, Oil Rises as Hormuz Closure Persists, President Donald Trump’s swift rejection of Iran’s response to a U.S. peace proposal pushed oil prices higher on Monday, fueling concerns that the 10-week-old conflict will drag on and continue to paralyze shipping through the Strait of Hormuz. Days after …

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The development sits in VINI’s Markets coverage for readers following markets, companies, finance, insurance, public policy, and economic signals. The original report is linked so readers can check the source account, follow later updates, and compare new coverage against the first published record. The linked item is dated 2026-05-11T12:45:26+00:00.

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Primary source: Trump Dismisses Iran’s Offer, Oil Rises as Hormuz Closure Persists via Insurance Journal. VINI cites and links the source; it does not reproduce the publisher’s full article text without rights clearance.

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