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Oil prices fall as Trump pauses Hormuz escort effort

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.

First seen · 12:46 AM UTCMay 6, 2026

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Oil prices fall as Trump pauses Hormuz escort effortOil 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.
12:46 AM UTC

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