Events Archive
strikeMay 1, 2026
Crude Oil Plunges Amid Possibility Of A De-escalation In U.S.-Iran Tensions
Summary
(RTTNews) - Crude oil prices have plunged on Friday as the prospects of an end to hostilities in the gulf appear brighter even as the Strait of Hormuz remains closed, continuing to disrupt crude oil supply. WTI Crude Oil for June month delivery was last seen trading down by $3.28 (or 3.28%) at $101.79 per barrel.
Actors involved
Iran
Sources
- RTTNewsBy RTTNews
(RTTNews) - Crude oil prices have plunged on Friday as the prospects of an end to hostilities in the gulf appear brighter even as the Strait of Hormuz remains closed, continuing to disrupt crude oil supply. WTI Crude Oil for June month delivery was last seen trading down by $3.28…
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