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Int'l Oil Prices Fall 5%+ as Trump Claims Iran Gave Major Hormuz Strait-Related Gift
2026-03-25 10:04:19
US President Donald Trump disclosed that Iran had given the US a gift as a gesture of goodwill in ongoing negotiations. He didn't reveal specific details, but confirmed that it was related to energy transport through the Strait of Hormuz.

International oil prices were still sliding this morning (25th). Brent oil futures for May delivery dropped by 6.35% to USD97.88 per barrel, while New York oil futures for May delivery fell by 5.21% to USD87.49 per barrel.
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