08 Jun 2026

22:32

  • Bitumen 60/70

    438$

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    -

    15$

    FOB Bandar Abbas - New Steel Drum

    -1.8%

  • Bitumen 60/70

    438$

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    15$

    FOB Bandar Abbas - New Steel Drum

    -1.8%

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    418$

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    -1.9%

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    408$

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    FOB Bandar Abbas - Flexitank

    -1.2%

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    429$

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    15$

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    -1.9%

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    430$

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    -1.9%

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    432$

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    15$

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    -1.9%

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    433$

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    432$

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    422$

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    15$

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    -1.9%

  • Bitumen PG 76-10

    610$

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    15$

    FOB Bandar Abbas - New Steel Drum

    -1.3%

  • Bitumen 200/300

    428$

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    15$

    FOB Bandar Abbas - New Steel Drum

    -1.9%

  • Bitumen Oxidized 115/15

    392$

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    15$

    FOB Bandar Abbas - Carton 25KG

    -2.0%

  • Bitumen Oxidized 105/15

    392$

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    15$

    FOB Bandar Abbas - Carton 25KG

    -2.0%

  • Bitumen Oxidized 85/25

    394$

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    -2.0%

  • Bitumen Oxidized 95/25

    394$

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    15$

    FOB Bandar Abbas - Carton 25KG

    -2.0%

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    576$

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    FOB Bandar Abbas - Reconditioned Drum

    -1.4%

  • Bitumen Emulsion K1-60

    576$

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    619$

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    FOB Bandar Abbas - Reconditioned Drum

    -1.3%

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    645$

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    FOB Bandar Abbas - Reconditioned Drum

    -1.2%

  • Bitumen Cutback MC250

    616$

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    15$

    FOB Bandar Abbas - Reconditioned Drum

    -1.3%

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    571$

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    5$

    FOB Bandar Abbas - Bulk

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    567$

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    -3.0%

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    616$

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    5$

    FOB Singapore - Bulk

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    FOB Singapore - Bulk

    -2.9%

  • Crude Oil Dubai

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    FOB UAE - Bulk

    2.5%

  • Crude Oil WTI

    94.93$

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    5$

    Texas - Bulk

    2.1%

  • Crude Oil Brent

    97.56$

    +

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    5$

    London - Bulk

    2.6%

Home Blog Oil Prices Jump After Trump Rejects Iran’s Peace Proposal

Oil Prices Jump After Trump Rejects Iran’s Peace Proposal

codarx

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Update date: 2026/05/11

Oil prices rallied on Monday morning after U.S. President Donald Trump rejected Iran’s response to a U.S. peace proposal, “I don’t like it – totally unacceptable,” Trump said in a Truth Social post, quashing hopes for an imminent resolution to the Middle East conflict that kicked off in late February. Brent crude for July delivery was up 1.% to trade at $103.3 per barrel at 9.48 am ET while WTI crude for June delivery gained 1.04% to trade at $96.41/bbl. Last week, the White House offered a one-page, 14-point memorandum…

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