Oil Price Spike as Trump Rejects Iran Peace Proposal and Iran Vows to Fight

TL;DR Summary
Oil prices surged above $100 as President Trump rejected Iran’s peace proposal, while Iran vowed to continue fighting if necessary and regional tensions— including drone incidents near the Strait of Hormuz and ongoing Lebanon-Israel clashes—remain volatile. India’s Modi urged citizens to work from home and conserve fuel amid the energy crisis, underscoring the global impact of the Iran conflict.
- Live Updates: Iran vows to fight on, oil prices surge as Trump rejects peace proposal as "unacceptable" CBS News
- Live updates: Iran claims its counter proposal to end war is ‘reasonable’ after Trump’s rejection CNN
- ‘Unacceptable’: What’s Iran’s peace proposal that Trump has rejected? Al Jazeera
- Iran War Live Updates: Iran Lists Demands That Trump Deemed ‘Unacceptable’ The New York Times
- Iran’s Lengthy Response to the U.S. Leaves Some Gaps WSJ
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