Events Archive
strikeMay 4, 2026
Oil eases on signs US is loosening Iran’s Strait of Hormuz blockade
Summary
Oil eases on signs US is loosening Iran’s Strait of Hormuz blockade Iran launched attacks in the Gulf on May 4 to counter the US move - About 20% of global oil and liquefied natural gas supplies passed through the strait before the US and Israel launched strikes against Iran on Feb 28.
Actors involved
USIsraelIran
Sources
- CurrentsAPI
Oil eases on signs US is loosening Iran’s Strait of Hormuz blockade Iran launched attacks in the Gulf on May 4 to counter the US move - About 20% of global oil and liquefied natural gas supplies passed through the strait before the US and Israel launched strikes against Iran on F…
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