Events Archive
strikeMay 4, 2026
Oil prices jump, US indices retreat on Hormuz tensions
Summary
Oil prices jumped on Monday after a drone strike sparked a fire at an Emirati energy installation, threatening a fragile US-Iran ceasefire, while US warships entered the crucial Strait of Hormuz. US equity indices retreated from record finishes last week.
Actors involved
USIsraelIran
Sources
- CurrentsAPI
Oil prices jumped on Monday after a drone strike sparked a fire at an Emirati energy installation, threatening a fragile US-Iran ceasefire, while US warships entered the crucial Strait of Hormuz. US equity indices retreated from record finishes last week. Oil prices climbed, with…
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