Oil prices drop near $80 as US walks back claim that tanker was escorted through Strait of Hormuz
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Source: New York Post
Published: 2026-03-11 06:29 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Middle East, Military & Defence, Iran, Energy, US Politics, Business & Economy, War & Conflict
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Snippet:
US stocks rose on Tuesday as oil prices dropped as President Trump signaled the war in Iran will be limited – though the drop slowed after the Trump administration walked back a claim that an oil tanker had been escorted through an Iranian energy chokepoint.
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