Hong Kong, Sept 28, 2026 (AFP) - Oil prices spike after Trump rejects Iran truce offer

NAMPA / AFP

2026-09-28

Oil prices spiked with bond yields Monday as Donald Trump's rejection of an Iranian offer of a seven-day truce stoked inflation concerns, while stocks were mixed as traders look ahead to the release of key US data. Tehran last week set out a plan at the UN General Assembly for a halt in hostilities that would see the Strait of Hormuz reopened, which would ease a crippling supply crisis that has jacked up costs around the world. The waterway is ke......

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