Oil Rises Again As Trump Rejects Meeting Iran's Conditions To Reopen Hormuz. Brent Goes Back Above $100.

Source: International Business Times

Oil is rising again on Monday after President Donald Trump rejected meeting Iran's conditions to reopen the Strait of Hormuz. Getty Images Oil prices are rising on Monday after President Donald Trump rejected meeting Iran's conditions to reopen the Strait of Hormuz. Brent crude, the international benchmark, climbed 3.