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Oil futures fall after Trump pauses U.S. effort to partially reopen Strait of Hormuz

May 5, 2026
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Oil futures fall after Trump pauses U.S. effort to partially reopen Strait of Hormuz




Crude-oil futures fell late Tuesday after President Donald Trump said his latest effort to partially reopen the Strait of Hormuz would be paused, to buy more time to reach an agreement to end hostilities with Iran.

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Oil futures fall after Trump pauses U.S. effort to partially reopen Strait of Hormuz

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Crude-oil futures fell late Tuesday after President Donald Trump said his latest effort to partially reopen the Strait of Hormuz...

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