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Lifestyle May 18, 2:17 pm

Global oil prices and bond yields rise after Trump warns Iran over stalled peace talks

The price of oil rose on Monday after US President Donald Trump warned Iran the “clock is ticking” as talks to bring the war to an end have stalled. The global benchmark Brent crude wa…

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The useful update

  • The price of oil rose on Monday after US President Donald Trump warned Iran the “clock is ticking” as talks to bring the war to an end have stalled
  • Global oil prices and bond yields rise after Trump warns Iran over stalled peace talks
Why it matters

The stakes

  • The price of oil rose on Monday after US President Donald Trump warned Iran the “clock is ticking” as talks to bring the war to an end have stalled
  • The practical value is the source trail: MyJoyOnline (GH) is the place to check before acting on prices, dates, availability, or local implications
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  • If the story affects a decision, open the original MyJoyOnline (GH) report and the relevant official page before relying on local prices or timing

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    Original report Global oil prices and bond yields rise after Trump warns Iran over stalled peace talks

    Publisher: MyJoyOnline (GH) · Published May 18, 2:17 pm · myjoyonline.com

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The short version

The price of oil rose on Monday after US President Donald Trump warned Iran the “clock is ticking” as talks to bring the war to an end have stalled. The global benchmark Brent crude wa…

The global benchmark Brent crude was 1.7% higher at $111.13 (£83.44), while US-traded oil was up by 2.1% at $107.62

What happened

  • The price of oil rose on Monday after US President Donald Trump warned Iran the “clock is ticking” as talks to bring the war to an end have stalled
  • Global oil prices and bond yields rise after Trump warns Iran over stalled peace talks
  • The global benchmark Brent crude was 1.7% higher at $111.13 (£83.44), while US-traded oil was up by 2.1% at $107.62
  • Government borrowing costs in the US, Japan and Europe also rose as fears over inflation continue to grow
  • Energy markets have been on a wild ride after Iran effectively closed the key Strait of Hormuz waterway in retaliation for US and Israeli strikes on the country, which started on 28 February

Why this matters

  • The price of oil rose on Monday after US President Donald Trump warned Iran the “clock is ticking” as talks to bring the war to an end have stalled
  • The practical value is the source trail: MyJoyOnline (GH) is the place to check before acting on prices, dates, availability, or local implications

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Global oil prices and bond yields rise after Trump warns Iran over stalled peace talks - MyJoyOnline
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