{
  "id": 10488581,
  "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",
  "topic": "world",
  "section": "World",
  "published": "2026-09-28T16:52:03.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times-koreatimes",
    "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 experienced a decline following President Donald Trump's rejection of Iran's peace proposal, causing crude prices to surge and reigniting concerns about inflation. The situation prompted an increase in Treasury yields. Despite this negative market sentiment, Nvidia managed to buck the trend with a 2.1 percent gain following the announcement of a $150 billion share repurchase authorization, marking the company's largest ever share buyback on record.\n\nIran had proposed peace at the recent United Nations General Assembly in New York, with the offer relayed to the United States through Qatari mediators. President Trump admitted on Saturday that he had rejected the proposal, but later told Axios on Sunday that he anticipated U.S. negotiators to continue discussions during the week. The jump in crude prices by 3 percent, bringing them to approximately $107-a-barrel, negatively impacted Treasuries and pushed longer-dated yields to fresh multi-decade highs.\n\nInflation has consistently been a driving force behind rising energy prices, and any factors that continue to pressure inflation are likely to motivate the Federal Reserve to raise interest rates. Art Hogan, the chief market strategist at B. Riley Wealth Management, expressed this sentiment.",
  "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": "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-10485055",
        "published": "2026-09-28T16:32:03.000Z"
      },
      {
        "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": "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."
}