Oil Prices Fall 3% As Ship Passes Through Hormuz, US-Iran Ceasefire Holds
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Oil Prices Fall 3% As Ship Passes Through Hormuz, US-Iran Ceasefire Holds Maritime Activity Reports, Inc. May 5, 2026 © Adobe Stock/LALAKA Oil prices fell about 3% on Tuesday with at least one vessel passing through the Strait of Hormuz after the United States said the ceasefire with Iran remained in place despite exc
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