Oil prices decline after nearly hitting $120 as Trump says U.S. considering taking over Strait of Hormuz

CNBC·Mar 8

✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source

Oil prices have been volatile, at one point nearing $120 a barrel, amid tensions related to Iran. The prices have since declined, with some outlets reporting that this decline occurred after comments from Trump about the US considering taking over the Strait of Hormuz. The situation remains uncertain, with oil prices swinging wildly in response to mixed messages and threats of conflict in the Middle East.

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Iran war: Wall Street erases a big loss and closes higher as oil prices fall after surging near $120 a barrel

ABC7 Bay Area·Mar 9

US crude jumps more than 11%, Brent nearly 8% after Trump vows more attacks on Iran

Reuters·Apr 2

Oil price briefly hits $120 after reports of 'extended' Iran blockade

BBC·Apr 29

Oil prices swing wildly as Iran war threatens transport routes and production across Middle East

AP News·Mar 9

Oil prices seesaw as Trump sends mixed messages on what’s next in Iran

The Washington Post·Mar 10

Oil Prices: Crude Hits $120, Then Plummets. What’s Going on Today.

Barron's·Mar 9

Brent crude hits $116 a barrel as Trump threatens to ‘blow up’ Iran’s oilwells and export hub

The Guardian·Mar 30

Oil Futures Retreat On Middle East Conflict Seen Easing

WSJ·Mar 23

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