Oil prices fall as Trump pauses Hormuz escort effort

Oil prices fall as Trump pauses Hormuz escort effort

This photo shows a view of LyondellBasell refinery near the Houston Ship Channel, part of the Port of Houston, on April 29, 2026. Ronaldo Schemidt | AFP | Getty Images Oil prices fell on Wednesday after President Donald Trump said the U.S. would pause its naval escort effort in the Strait of Hormuz, raising hopes […]

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