Oil prices flat as Trump’s plan for Strait of Hormuz fails to calm market

🔴 Tension Rising Al Jazeera 2026-05-04
Trump’s ‘Project Freedom’ plan failed to calm the market, with oil prices remaining flat. Iran has warned against any American interference in the Strait, maintaining tensions. The International Energy Agency views the Strait of Hormuz closure as the largest energy disruption in history, fueling market uncertainty.
미이란외교호르무즈해협경제제재유가영향에너지시장
Source: Al Jazeera (aljazeera.com)
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