Energy: Oil prices drop below $100 amid U.S.-Iran tensions, as Trump asserts that a ceasefire remains in effect following recent exchanges of fire.

May 8, 2026 - 06:10
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Energy: Oil prices drop below $100 amid U.S.-Iran tensions, as Trump asserts that a ceasefire remains in effect following recent exchanges of fire.
Tensions escalate as the U.S. and Iran exchange fire in the Strait of Hormuz, sparking concerns that their fragile ceasefire may be on the brink of collapse. Stay tuned for updates on this developing situation! #StraitOfHormuz #USIranRelations

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