Oil Prices Climb As Trump Warns Iran Amid Stalled Diplomacy In 80-Day War
- Posted on May 18, 2026
- By International Business Times
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- 1 min read
Oil Prices Climb As Trump Warns Iran Amid Stalled Diplomacy In 80-Day War
A fresh warning from President Donald Trump and reports of rising tensions around the Strait of Hormuz pushed oil prices higher and weighed on global markets Monday as indirect negotiations between Washington and Tehran continued.