Global oil markets reacted sharply after U.S. President Donald Trump described Iran’s latest peace proposal as “totally unacceptable,” increasing concerns about geopolitical tensions in the Middle East. The statement quickly impacted market sentiment, with oil prices moving higher as traders assessed the possibility of prolonged instability in a region that remains critical to global energy supply. Investors are particularly focused on the risk of disruptions around key shipping routes such as the Strait of Hormuz, a strategic passage through which a large portion of the world’s oil exports travel. Any escalation in tensions involving Iran could increase uncertainty across energy markets and global trade. The development also highlights how political decisions and diplomatic negotiations continue to play a major role in financial markets. Even without direct conflict, strong rhetoric from major global powers can immediately influence oil prices, investor confidence, and broader economic expectations. For now, markets remain cautious as attention shifts toward whether diplomatic talks will continue or tensions will rise further in the coming days. #TrumpRejectsIranDeal