Oil Jumps as Iran Resists Trump’s Offer to Help Ships Through Strait of Hormuz

NYT Home | Mon, 04 May 2026 11:26:24 +0000

Oil prices surge high,  
Iran rebuffs Trump's offer,  
Market holds its breath.

Oil prices fell and futures on the S&P 500 rose slightly on Sunday as investors reacted to continued uncertainty about the war in Iran.

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