{
  "id": 10485055,
  "title": "Wall St declines as oil spikes after Trump rejects Iran peace proposal",
  "url": "https://urgent.news/2026/09/28/wall-st-declines-as-oil-spikes-after-trump-rejects-iran-peace-proposal-10485055",
  "topic": "world",
  "section": "World",
  "published": "2026-09-28T16:32:03.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times",
    "url": "https://www.koreatimes.co.kr/world/20260929/wall-st-declines-as-oil-spikes-after-trump-rejects-iran-peace-proposal"
  },
  "original_language": "en",
  "account": "On Monday, Wall Street's major indexes declined as President Donald Trump dismissed an Iranian proposal to resolve the ongoing conflict. The rejection triggered a surge in crude oil prices, reigniting concerns about inflation and prompting an increase in Treasury yields. However, Nvidia managed to offset some of the losses by reporting a 2.1% gain following the announcement of a $150 billion share repurchase authorization, marking the company's largest share buyback in recorded history.\n\nIran communicated its peace proposal to the United States through Qatari intermediaries during the recent United Nations General Assembly in New York. Though Trump stated on Saturday that he had rejected the offer, he later admitted to Axios on Sunday that he anticipated U.S. negotiators to proceed with talks throughout the upcoming week.\n\nCrude oil prices surged by 3% to approximately $107 per barrel, exerting downward pressure on Treasury securities and pushing longer-term yields to unprecedented multi-decade highs. Energy has consistently served as a catalyst for inflation, and any further inflationary pressures will likely prompt the Federal Reserve to raise interest rates, according to Art Hogan, chief market strategist at B. Riley W.",
  "summary": "Wall Street's main indexes fell on Monday after President Donald Trump rejected an Iranian proposal to end the conflict, leading to a spike in crude prices that revived inflation worries and drove Treasury yields higher. Limiting declines was Nvidia's 2.1 percent gain after the chip giant announced a $150 billion share repurchase authorization, making it the company's biggest ever increase in…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 9,
    "also_reported_by": [
      {
        "outlet": "Seeking Alpha News",
        "title": "Oil jumps 3% after Trump rejects Iran peace proposal",
        "url": "https://urgent.news/2026/09/28/oil-jumps-3-after-trump-rejects-iran-peace-proposal",
        "published": "2026-09-28T12:49:01.000Z"
      },
      {
        "outlet": "Philippine Star Business",
        "title": "Stocks tumble as Trump rejects Iran proposal",
        "url": "https://urgent.news/2026/09/28/stocks-tumble-as-trump-rejects-iran-proposal",
        "published": "2026-09-28T16:00:00.000Z"
      },
      {
        "outlet": "Investing.com",
        "title": "Wall St declines as oil spikes after Trump rejects Iran peace proposal",
        "url": "https://urgent.news/2026/09/28/wall-st-declines-as-oil-spikes-after-trump-rejects-iran-peace-proposal",
        "published": "2026-09-28T16:06:30.000Z"
      },
      {
        "outlet": "Business Recorder",
        "title": "Wall St declines as oil spikes after Trump rejects Iran peace proposal",
        "url": "https://urgent.news/2026/09/28/wall-st-declines-as-oil-spikes-after-trump-rejects-iran-peace-proposal-10488692",
        "published": "2026-09-28T16:37:45.000Z"
      },
      {
        "outlet": "FXStreet",
        "title": "US President Trump to ease sanctions on Iran over nuclear progress",
        "url": "https://urgent.news/2026/09/28/us-president-trump-to-ease-sanctions-on-iran-over-nuclear-progress",
        "published": "2026-09-28T16:40:55.000Z"
      },
      {
        "outlet": "The Korea Times",
        "title": "Wall St declines as oil spikes after Trump rejects Iran peace proposal",
        "url": "https://urgent.news/2026/09/28/wall-st-declines-as-oil-spikes-after-trump-rejects-iran-peace-proposal-10488581",
        "published": "2026-09-28T16:52:03.000Z"
      },
      {
        "outlet": "Jerusalem Post",
        "title": "Trump willing to bend on Iran sanctions if progress made on nuclear issues, official tells ‘Post'",
        "url": "https://urgent.news/2026/09/28/trump-willing-to-bend-on-iran-sanctions-if-progress-made-on-nuclear",
        "published": "2026-09-28T17:34:53.000Z"
      },
      {
        "outlet": "South China Morning Post",
        "title": "US to grant sanctions waiver for flights between Iran and Iraq’s Najaf, source says",
        "url": "https://urgent.news/2026/09/28/us-to-grant-sanctions-waiver-for-flights-between-iran-and-iraqs-najaf",
        "published": "2026-09-28T18:28:29.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}