Oil Falls Below $100 After Trump Pauses Hormuz Push as Iran Deal Hopes Build
Washington — May 6, 2026, 07:16 EDT. Brent crude sank under the $100 mark Wednesday, down roughly 9% to $99.79 a barrel as tracked by The Guardian, after President Donald Trump hit pause on the U.S. “Project Freedom” push in the Strait of Hormuz. Fresh headlines pointing to progress on a potential U.S.-Iran framework deal nudged expectations that the conflict’s
