Energy: Oil prices drop below $100 amid ongoing tensions following U.S.-Iran exchanges, with Trump asserting that a ceasefire remains in place.

May 8, 2026 - 06:35
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Energy: Oil prices drop below $100 amid ongoing tensions following U.S.-Iran exchanges, with Trump asserting that a ceasefire remains in place.
Tensions escalate as the U.S. and Iran engage in a firefight in the Strait of Hormuz, sparking concerns that their fragile ceasefire might be falling apart. Stay tuned for updates on this developing situation! #USIran #StraitOfHormuz

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