Skip to content
Advertisement
When Appliance Fail?

Crude oil futures drop after Trump promises an Iran deal will be signed Friday

Oil prices had already fallen quite dramatically on Thursday and Friday, in anticipation of an imminent deal. President Trump has posted online that the Strait of Hormuz will reopen after the deal is signed on Friday.

schedule 01:33 visibility 54 views
Crude oil futures drop after Trump promises an Iran deal will be signed Friday
Source: NPR News
A ship remains anchored on May 16, 2026 in the Strait of Hormuz near Larak Island, Iran.

Oil prices had already fallen quite dramatically on Thursday and Friday, in anticipation of an imminent deal. President Trump has posted online that the Strait of Hormuz will reopen after the deal is signed on Friday.

(Image credit: Majid Saeedi)

newspaper

Originally published at

NPR News

open_in_new Read Full Article

Related Articles

Read More

Your Appliance Broke?
Reliable Repair for