2 hours and 17 minutes ago
Oil prices climb after Trump rejects Iran proposal
Oil prices climbed after President Donald Trump rejected Iran's latest proposed peace deal as "totally unacceptable," with the U.S. and Iran still appearing far apart on any resolution to the war.
Oil was at nearly $98 a barrel -- up 2.5% -- in U.S. trading as of Monday morning, with global oil at $104, up nearly 3%.
The average price of a gallon of regular gas on Monday was $4.48, down 3.7 cents compared to Sunday and up $1.54 since the war started, according to GasBuddy.
