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The Guardian - UK
The Guardian - UK
Business
Alex Daniel

Oil prices jump after US-Iran ceasefire expires and Trump threatens Oman

United States Oil Iran Oman Donald Trump Dan Alamariu Fox News Tehran
Oil tanker
A ship anchored in the strait of Hormuz near Larak Island, Iran. Photograph: Majid Saeedi/Getty Images

Oil prices have risen again after the two-month window to negotiate a peace deal in the US-Israel war on Iran expired on Monday with no end to the conflict in sight.

Iran said on Monday that it would take a more aggressive stance if talks with the US failed, while Donald Trump demanded Tehran “put up the white flag of surrender” in an interview with Fox News.

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