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Oil prices tumble after Trump says he will pause Iran strikes
April 7, 202601:23
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Hallie Jackson NOW

Oil prices tumble after Trump says he will pause Iran strikes

01:23

The price of oil per barrel fell after President Trump announced a two-week pause on Iran strikes if the country agreed to open the Strait of Hormuz.  NBC News' Brian Cheung breaks down how the markets are responding to Trump's announcement. April 7, 2026

Get more newsOil prices tumble after Trump says he will pause Iran strikesNBC News LogoSearchSearchLiveLiveNBC News LogoToday Logo - Analysis & Updates [2026-05-17] | Latest News Todayon
  • UP NEXT

    Key Takeaways From Trump’s Meeting With China’s Xi Jinping

    02:08

  • Will the US Resume Military Action in Iran After China Summit?

    02:08

  • Secretary of State Marco Rubio on Cuba's humanitarian crisis

    02:20

  • Sources: Pentagon has no new munitions contracts amid concerns over weapons shortage

    02:24

  • Rubio: China ‘not in favor’ of militarizing Strait of Hormuz

    03:47

  • Trump on Iran: ‘I Don't Think About American Financial Situation’

    02:15
Get more newsOil prices tumble after Trump says he will pause Iran strikesNBC News LogoSearchSearchLiveLiveNBC News LogoToday Logo - Analysis & Updates [2026-05-17] | Latest News Todayon

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Last Updated: Sunday, May 17, 2026 at 02:42 PM
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