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Video · ▼ Bearish · 2 sources confirmed · 2026-09-28 20:33 UTC

Trump Spurns Iran's Latest Offer; Former Disney CEO Bob Chapek

Why now

Thesis: Strait of Hormuz risk drives oil and bonds

Catalyst to watch: Iran diplomacy or military escalation

Main risk: Diplomatic breakthrough could reverse move

Why it matters

Rejecting Iran's Hormuz proposal keeps oil supply risk and bond selling alive.

Details

The selloff in the US bond market deepened on Monday after President Donald Trump rejected Iran’s latest proposal to reopen the Strait of Hormuz, dampening hopes of a diplomatic breakthrough to end the war. We get reaction from Bloomberg's Ira Jersey. Iranian officials have privately expressed pessi

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