OIL PRICES DROP AFTER TRUMP ORDERS US FORCES TO HOLD OFF ON NEW STRIKES AGAINST IRAN
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WHAT HAPPENED
Cargo ships are seen at sea near the Strait of Hormuz, as viewed from a rocky shoreline near Khor Fakkan, United Arab Emirates, Friday, May 1, 2026. (AP Photo/Fatima Shbair, File) 2026-08-02T23:02:14Z NEW YORK (AP) — Oil prices fell sharply Sunday after President Donald Trump said he would order U.S.
Associated Press reports that cargo ships are seen at sea near the Strait of Hormuz, as viewed from a rocky shoreline near Khor Fakkan, United Arab Emirates, Friday, May 1, 2026.
The report adds: (AP Photo/Fatima Shbair, File) 2026-08-02T23:02:14Z NEW YORK (AP) — Oil prices fell sharply Sunday after President Donald Trump said he would order U.S.
forces to hold off on new strikes against Iran, claiming that a deal to end the fighting in the Middle East was near.
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