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Oil rises, stocks wobble as peace talks stall after Trump cancels envoys' trip

Oil prices climbed Monday while stocks were mixed after Donald Trump cancelled his envoys' trip for peace talks at the weekend, leaving the United States and Iran no closer to ending their eight-week-old war.

Published Apr 26, 2026, 10:59 PM EDT | WFMZZ

Oil prices rose Monday while stock markets were mixed. The United States and Iran remained no closer to ending their eight-week-old war after Donald Trump cancelled his envoys' trip for peace talks at the weekend.