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WORLDAug 2 · 23:07 UTCWTOP DCWTOP Staff

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

Oil prices fell 5% after President Donald Trump ordered U.S. forces to pause new strikes against Iran, easing concerns over disrupted shipments in the Persian Gulf. The conflict's resolution could allow trapped tankers to resume operations, though prices remain 20% higher than pre-conflict levels.

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Donald TrumppersonIranplaceU.S. forcesorganizationPersian GulfplaceStrait of HormuzplaceU.S. crude oiltopicBrent crudetopic
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