Oil prices rose after US President Donald Trump said Iran’s response to US proposals to end the war was “totally unacceptable”.

Official Tehran has sent its response through Pakistan, which has served as a mediator between the two sides, demanding an immediate end to the conflict and assurances that there will be no further US-Israeli attacks on Iran, according to the semi-official news agency. Iran’s poisoning.

The international price of Brent crude rose 4.1% to $105.50 a barrel in Asian trade, before falling slightly.

The main waterway of the Strait of Hormuz has been effectively closed since the start of the war on February 28, severely disrupting global oil and gas supplies.

Responding to Tehran’s conditions, Trump has posted on social media that he didn’t like Iran’s response.

Washington’s terms in the 1-page proposal included restoring free transit through the

Strait of Hormuz and suspending Iranian nuclear enrichment, according to US news agency Axios.

Israeli Prime Minister Benjamin Netanyahu has also said the war with Iran will not end until its stockpiles of enriched uranium are “extracted.” offside”.

A ceasefire announced in early April to allow time for peace talks has largely been respected, despite occasional exchanges of attacks.

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Source: prizrenpost