Oil Prices Fall on Hope U.S.-Iran War Turmoil in the Gulf May Be Easing

Oil prices fell and stocks rose after President Trump’s about-face to pause the U.S. operation to escort commercial ships through the Strait of Hormuz

May 6, 2026 - 23:30
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Oil Prices Fall on Hope U.S.-Iran War Turmoil in the Gulf May Be Easing
Oil prices fell and stocks rose after President Trump’s about-face to pause the U.S. operation to escort commercial ships through the Strait of Hormuz

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