{"id":616,"date":"2026-05-11T16:42:20","date_gmt":"2026-05-11T16:42:20","guid":{"rendered":"https:\/\/usglobalnews.com\/?p=616"},"modified":"2026-05-11T16:42:20","modified_gmt":"2026-05-11T16:42:20","slug":"oil-prices-climb-after-trump-dismisses-irans-response-to-peace-plan","status":"publish","type":"post","link":"https:\/\/usglobalnews.com\/?p=616","title":{"rendered":"Oil prices climb after Trump dismisses Iran\u2019s response to peace plan"},"content":{"rendered":"<p>Brent crude rises after US president calls overture from Tehran \u2018totally unacceptable\u2019<\/p>\n<ul>\n<li>\n<p><a href=\"https:\/\/www.theguardian.com\/business\/live\/2026\/may\/11\/uk-economy-job-losses-iran-war-oil-pound-bonds-politics-starmer-live-updates#top-of-blog\">Business live \u2013 news updates<\/a><\/p>\n<\/li>\n<\/ul>\n<p>Oil prices have climbed after Donald Trump condemned Iran\u2019s response to US proposals to end the war as \u201ctotally unacceptable\u201d.<\/p>\n<p>The president\u2019s rejection of Tehran\u2019s overture in a post on his Truth Social platform triggered a jump in Brent crude, the international benchmark for oil prices, by as much as 4% on Monday to $105.50 a barrel, before easing back to settle at $103.50.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/business\/2026\/may\/11\/oil-prices-climb-trump-dismisses-iran-response-us-peace-plan\">Continue reading&#8230;<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Brent crude rises after US president calls overture from Tehran \u2018totally unacceptable\u2019 Business live \u2013 news updates Oil<\/p>\n","protected":false},"author":0,"featured_media":617,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-616","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/usglobalnews.com\/index.php?rest_route=\/wp\/v2\/posts\/616","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/usglobalnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/usglobalnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/usglobalnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=616"}],"version-history":[{"count":0,"href":"https:\/\/usglobalnews.com\/index.php?rest_route=\/wp\/v2\/posts\/616\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/usglobalnews.com\/index.php?rest_route=\/wp\/v2\/media\/617"}],"wp:attachment":[{"href":"https:\/\/usglobalnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=616"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/usglobalnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=616"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/usglobalnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=616"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}