Trump turmoil sends oil prices back toward multi-year peak
City A.M. | London's Business Newspaper - News, Opinion, & Anal…
May 4, 2026
Iran hits back at president’s ‘Operation Freedom’ pledge for safe passage through the Strait of Hormuz; Brent up over 5 per cent to $114 a barrel The main international oil price surged back toward multi-year highs on Monday, as US President Donald Trump’s pledge to get tanker traffic moving through the Strait of Hormuz was [...]
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