Oil prices flat as Trump’s plan for Strait of Hormuz fails to calm markets

🌐 Al Jazeera (QA) — 2026-05-04

Oil prices remain stable as President Trump's recent plans regarding the Strait of Hormuz do not seem to alleviate market concerns. Traders are monitoring the situation closely, as geopolitical issues continue to affect market sentiment.

Politics Markets Energy Shipping oil prices Trump markets geopolitical Strait of Hormuz

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Oil prices flat as Trump’s plan for Strait of Hormuz fails to calm markets

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