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Oil jumps as US and Iran disagree on peace proposal

Hopes of an imminent end to the Iran war that would allow oil transit through the Strait of Hormuz were dashed after the US and Iran failed to agree to a peace proposal.

First seen · 11:52 PM UTCMay 11, 2026

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Oil jumps as US and Iran disagree on peace proposalHopes of an imminent end to the Iran war that would allow oil transit through the Strait of Hormuz were dashed after the US and Iran failed to agree to a peace proposal.
11:52 PM UTC

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