September 27, 2026
Business

Oil prices extend gains as Trump sharpens rhetoric on Iran(Soban News)

Oil prices climbed Tuesday as President Trump intensified threats against Iran over the Strait of Hormuz. Iran rejected a ceasefire, demanding a permanent end to the war, while disruptions to oil flows and damaged energy facilities continue to support prices. The UN Security Council is set to vote on a resolution concerning commercial shipping in the strait.

​Oil prices climbed Tuesday as President Trump intensified threats against Iran over the Strait of Hormuz. Iran rejected a ceasefire, demanding a permanent end to the war, while disruptions to oil flows and damaged energy facilities continue to support prices. The UN Security Council is set to vote on a resolution concerning commercial shipping in the strait. by Soban News (international And National News)

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