S04 Ep33 Energy Market Update: Oil prices climb as Iran deal is rejected

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Oil prices have risen after Donald Trump rejected Iran’s latest nuclear proposal, increasing geopolitical uncertainty in energy markets. Details of the offer remain unclear, though reports suggest Iran may have proposed limiting uranium enrichment without dismantling nuclear infrastructure. Trump called the deal “totally unacceptable,” raising fears of prolonged negotiations or renewed conflict.

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11 May English South Africa Business

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