Coverage dated May 10, 2026

Oil price surges higher on setback to hopes for U.S.-Iran peace deal

Headline from UPI

Global oil prices jumped after Donald Trump rejected a Iranian counter-offer to a 14-point U.S. plan to end the war as "totally unacceptable."

UPI's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

Reports & sources

5 articles, oldest first.

UPI
Oil price surges higher on setback to hopes for U.S.-Iran peace deal (opens UPI)
Published May 10, 2026
UPI's feed description
Global oil prices jumped after Donald Trump rejected a Iranian counter-offer to a 14-point U.S. plan to end the war as "totally unacceptable."
The Guardian
Oil prices climb after Trump dismisses Iran’s response to peace plan (opens The Guardian)
Published May 10, 2026
The Guardian's feed description
Brent crude rises after US president calls overture from Tehran ‘totally unacceptable’
Oil Price
Oil Prices Surge After Trump Rejects Iran Peace Offer (opens Oil Price)
Published May 10, 2026
Oil Price's feed description
Oil prices jumped after Trump rejected Iran’s response to a U.S.-drafted peace proposal.
Oil Price
Oil Prices Jump After Trump Rejects Iran’s Peace Proposal (opens Oil Price)
Published May 10, 2026
Oil Price's feed description
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,”
Digital Journal
Oil soars as Trump rejects Iran's terms (opens Digital Journal)
Published May 10, 2026
Digital Journal's feed description
Oil prices rose in Asian trade on Monday after US President Donald Trump rejected Iran's terms for ending the war in the Middle East.