Oil Prices Fall, Staying below $100, as Trump Plays Down New Iran Strikes

Oil prices have dipped below $100, continuing their decline amid recent attacks on Saudi oil facilities and escalating tensions in the Strait of Hormuz. Despite these incidents highlighting potential disruptions to Middle Eastern oil supplies, President Trump has downplayed the significance of the new Iran strikes, suggesting a shift in market perception towards stability. This development underscores the complex interplay between geopolitical events and global oil markets, impacting everything from consumer fuel costs to international relations. For a deeper dive, check out the full article on the Wall Street Journal's website.