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OIL PRICES OFF HIGHS AFTER REPORTS SAUDI PIPELINE RAMPING BACK UP - CNBC

Trump rejecting Iran's proposal to reopen Hormuz Strait drives oil over 1% higher.

What changed
Trump rejecting Iran's proposal to reopen Hormuz Strait drives oil over 1% higher.
Why it matters
Trump rejecting Iran's proposal to reopen Hormuz Strait drives oil over 1% higher. — impact context not separately stored; see What changed.
Sources
cnbc
Related signals
BRENT FALLS BELOW $80 PER BARREL ON REPORT U.S. WILL ALLOW IRAN TO SELL OIL IMMEDIATELY — via CNBC →OIL PRICES RISE ABOVE $100 A BARREL FOR FIRST TIME SINCE JULY AS IRAN WAR ESCALATES →THE U.S. EMERGENCY OIL RESERVE IS BELOW 300 MILLION BARRELS FOR THE FIRST TIME SINCE 1983 - QZ →