Oil fell after President Donald Trump said he was holding off on fresh strikes on Iran, boosting optimism for a deal to end the war and restore energy flows through the Strait of Hormuz. Stocks fluctuated.
Geopolitics Bloomberg May 18, 2026
Oil Slips on Iran Optimism, Asian Stocks Waver: Markets Wrap
Oil fell after President Donald Trump said he was holding off on fresh strikes on Iran, boosting optimism for a deal to end the war and restore energy flows through the Strait of Hormuz. Stocks fluctuated.
