Euronews News04/05/2026Business
Oil prices slip as Trump launches Project Freedom to free Hormuz ships; Iran rejects plan
WTI down 0.28% to $101.65, Brent off 0.06% to $108.10; S&P 500 hits new record
L'essentiel
- Crude prices edged lower as traders weighed Trump's Project Freedom to help ships exit the Strait of Hormuz against Iran's rejection of the plan.
- WTI fell 0.28% to $101.65 and Brent slipped 0.06% to $108.10, with hundreds of tankers stranded in the Gulf amid storage constraints.
- The S&P 500 closed at a record 7,230.12, up 0.3%, with 84% of reporting companies beating earnings estimates.
Résumé généré par IA
Taille de police
Crude prices edged lower as traders weighed Trump's Project Freedom to help ships exit the Strait of Hormuz against Iran's rejection of the plan. WTI fell 0.28% to $101.65 and Brent slipped 0.06% to $108.10, with hundreds of tankers stranded in the Gulf amid storage constraints. The S&P 500 closed at a record 7,230.12, up 0.3%, with 84% of reporting companies beating earnings estimates.
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This article was originally published by Euronews News.
