Business
Oil Prices Drop as Trump Pauses Hormuz Efforts
Crude oil futures fell after President Donald Trump announced a pause in his efforts to partially reopen the Strait of Hormuz, potentially impacting global energy markets and regional tensions.
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MarketWatch
Crude-oil futures fell late Tuesday after President Donald Trump said his latest effort to partially reopen the Strait of Hormuz would be paused, to buy more time to reach an agreement to end hostilities with Iran.
2026-05-05 23:52 UTC