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Euronews
Euronews
Quirino Mealha

Oil prices and US bond yields rise as Trump and Iran trade reparations demands

United States Iran Oil Donald Trump Strait of Hormuz

Crude and US Treasury yields rose together as traders judged that the exchange of compensation demands between the US and Iran has pushed any potential deal further out of reach.

The US president said on Monday he had told his negotiators to seek payment from Iran for Americans killed and wounded in attacks he attributes to Tehran going back decades, including the bombing of the USS Cole in the year 2000 and for Iranians killed in protest crackdowns.

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