https://www.live-feeds.com/feed/oil-rebounds-after-trump-rejects-iran-peace-dealContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/oil-rebounds-after-trump-rejects-iran-peace-dealhttps://www.live-feeds.com/feed/oil-rebounds-after-trump-rejects-iran-peace-deal#u93287Thu, 01 Oct 2026 14:32:20 +0000Crude prices climbed after United States President Donald Trump rejected an Iranian peace proposal aimed at resolving their conflict and reopening the Strait of Hormuz. Brent crude futures rose US$1.32, or 1.27 per cent, to settle at US$105.64 a barrel. The rejection erased earlier market optimism driven by a potential diplomatic solution and expectations of reopened shipping lanes. Prices later extended gains alongside tightening fuel markets and stalled negotiations. Meanwhile, the broader financial markets saw stock futures slip and Treasury yields react to the ongoing geopolitical friction