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Oil Falls and Stocks Gain as Trump Changes Course in Strait of Hormuz
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Oil Falls and Stocks Gain as Trump Changes Course in Strait of Hormuz

NY Times · May 6, 2026, 4:31 AM · Also reported by 4 other sources

Oil prices fell and stocks rose after President Trump’s about-face to pause the U.S. operation to escort commercial ships through the Strait of Hormuz

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Also covered by

Bloomberg Markets Soy Oil Falls from Three-Year High After Trump’s Hormuz Pause DW English Trump's Strait of Hormuz blockade hits Iran's oil trade Financial Times Middle East war: Oil slides as Trump pivots on Strait of Hormuz Al Jazeera Trump announces pause on US operation to reopen Strait of Hormuz

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