Oil prices fell after Donald Trump said Iran allowed 10 oil tankers to transit the Strait of Hormuz, calling it a goodwill gesture that eased immediate regional supply-risk. Expect near-term downward pressure on crude and potential 1–3% moves in energy-sector securities pending confirmation from Iranian authorities and shipping/flow data.
Oil prices fell after Donald Trump said Iran allowed 10 oil tankers to transit the Strait of Hormuz, calling it a goodwill gesture that eased immediate regional supply-risk. Expect near-term downward pressure on crude and potential 1–3% moves in energy-sector securities pending confirmation from Iranian authorities and shipping/flow data.
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