Oil prices fell after Trump said the U.S. would pause its naval escort endeavor in the Strait of Hormuz, raising hopes of a potential deal with Iran.
Oil prices fall as Trump pauses Hormuz escort effort
Wednesday, May 6, 2026

Wednesday, May 6, 2026

Oil prices fell after Trump said the U.S. would pause its naval escort endeavor in the Strait of Hormuz, raising hopes of a potential deal with Iran.