Oil prices crash as Trump and defense head Hegseth give conflicting accounts of Iran campaign

As markets responded to President Donald Trump’s remarks regarding the ongoing U.S.-Iran conflict and mounting fears over shipments through the Strait of Hormuz, oil prices plummeted sharply on Tuesday, falling as much as 10% during intraday trading. Trump said the U.S. military was on an “excursion” in Iran rather than a prolonged war, easing fears […]