Oil Prices Drop, Shares Rebound After Trump’s Iran Comments
An Omani NH90 military helicopter patrols the Strait of Hormuz off Khasab in Oman’s northern Musandam peninsula on June 25, 2025. Giuseppe Cacace/AFP via Getty Images After surging rapidly, crude oil prices crashed on Monday following U.S. President Donald Trump’s suggestion that the Iran war was nearing its end. In the futures market, crude oil