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Oil prices surge as Iran peace talks stall

economy-finance · 2026-05-11

On Monday, U.S. stock futures experienced a slight decline, whereas Brent crude oil prices rose by over 2%. This increase followed former President Trump's description of Iran's most recent proposal as 'totally unacceptable'.

Key facts

  • U.S. stock futures drifted lower Monday
  • Brent crude climbed more than 2%
  • Trump called Iran's latest offer 'totally unacceptable'

Entities

Locations

  • Iran
  • United States

Sources