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Oil prices rise after Trump rejects Iran ceasefire terms

United StatesIran
First seen: Aug 28, 2026, 12:17 AM UTCUpdated: Aug 28, 2026, 1:17 AM UTC

Oil rose 2% after Trump rejected terms related to reviving an Iran ceasefire. The headlines indicate renewed uncertainty around regional tensions and energy markets.

Further escalation involving Iran could raise global energy prices and supply risks.

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