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strikeJun 14, 2026

U.S. crude oil falls nearly 5% after Trump says U.S. and Iran complete deal to open Strait of Hormuz

Summary

U.S. crude oil falls nearly 5% after Trump says U.S. and Iran complete deal to open Strait of Hormuz - President Donald Trump said Sunday the Iran deal is "now complete." - The Strait of Hormuz will reopen without a toll system and the U.S. will end its naval blockade of Iran, the president said.

Source: Spencer Kimball — Read the full report

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  • Spencer KimballBy Spencer Kimball

    U.S. crude oil falls nearly 5% after Trump says U.S. and Iran complete deal to open Strait of Hormuz - President Donald Trump said Sunday the Iran deal is "now complete." - The Strait of Hormuz will reopen without a toll system and the U.S. will end its naval blockade of Iran, th…

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