Oil Falls After Trump Pauses Strikes on Iran; Traders Remain Nervous
Oil prices declined after President Trump again delayed a deadline for Iran to reopen the Strait of Hormuz, while most equities slipped as traders reacted warily to mixed messages from the White House.
Oil prices fell Friday after President Donald Trump again pushed back a deadline for Iran to reopen the Strait of Hormuz. Most equities also dropped as traders shrugged at the news following a series of conflicting messaging from the White House.