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The Nexus
BUSINESSAug 2 · 23:23 UTCAP NEWS

Oil prices drop after Trump orders US forces to hold off on new strikes against Iran

Oil prices fell sharply after President Donald Trump ordered U.S. forces to pause new strikes against Iran, citing a potential deal to end the Middle East conflict. A resolution could allow oil shipments to resume through the Strait of Hormuz, which has been disrupted by over five months of fighting.

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Donald TrumppersonUnited StatesplaceIranplaceStrait of HormuzplaceU.S. crude oiltopicBrent crudetopicAssociated PressorganizationCathy Bussewitzperson
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