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Oil Extends Decline as Trump Says ‘Great Progress’ in Iran Talks

Bloomberg Markets

Von: Charlie Zhu · Sarah Chen · Salma El Wardany

05. Mai 2026 um 23:02

Oil fell a second day as US President Donald Trump said “Great Progress” has been made on a final agreement to end the war with Iran.

Marco Rubio, US secretary of state, during a news conference in the James S. Brady Press Briefing Room of the White House in Washington, DC, US on Tuesday, May 5, 2026. Rubio emphasized that the move to give military support to ships passing through the Strait of Hormuz near Iran is a “defensive operation,” saying the US will only fire if fired upon.

Marco Rubio, US secretary of state, during a news conference in the James S. Brady Press Briefing Room of the White House in Washington, DC, US on Tuesday, May 5, 2026. Rubio emphasized that the move to give military support to ships passing through the Strait of Hormuz near Iran is a “defensive operation,” saying the US will only fire if fired upon.