Oil Prices Drop as Trump Comments Suggest Possible Resolution in Iran Tensions

Global oil prices fell and stock markets rose after U.S. President Donald Trump indicated that the situation with Iran is nearing resolution, while three tankers successfully passed through the Strait of Hormuz carrying over 6 million barrels of crude.

By Chris Price Wed, May 20, 2026 at 9:08 PM GMT+3 38 min read · Yahoo Finance ·

Oil Prices Drop as Trump Comments Suggest Possible Resolution in Iran Tensions

Topics: iran_tensions oil_prices stock_markets

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