← Scoopfeeds — Intelligent news, curated.
Oil Holds Decline as US Says Offensive Phase of Iran War Is Over
business

Oil Holds Decline as US Says Offensive Phase of Iran War Is Over

Bloomberg Markets · May 5, 2026, 10:02 PM · Also reported by 4 other sources

Oil held a decline as the US said offensive operations against Iran are over as it shifts to protecting shipping in the Strait of Hormuz, which remains largely closed.

Read full story on Bloomberg Markets → More top stories

Also covered by

DW English Iran war: US says ceasefire still holds despite clashes France 24 Rubio says US military has completed offensive operations in Iran BBC News Offensive stage of Iran war is over, US Secretary of State Rubio says NPR News U.S. says the Iran ceasefire holds despite attacks in Strait of Hormuz and against UAE

More in business

MarketWatch
Oil futures fall after Trump pauses U.S. effort to partially reopen Strait of Hormuz
Bloomberg Markets
Sydney Hedge Fund Regal Sees Inflows Jump for Inflation Hedges
CoinDesk
Michael Saylor's Strategy signals potential bitcoin sale to fund dividends obligations
Bloomberg Markets
Private Credit Fund Touts Quick Profit Buying Debt at 65 Cents
CNBC
Trump pauses U.S. bid to guide ships out of Strait of Hormuz, cites Iran deal progress
Aggregated and edited by the Scoop newsroom. We surface news from Bloomberg Markets alongside other reporting so you can compare coverage in one place. Editorial policy · Corrections · About Scoop