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Oil Prices Climb on Fears of Broader Energy Crunch

Hopes for an end to the war in Iran faded after President Trump failed to secure a commitment from China to help persuade Iran to reopen the Strait of Hormuz. [Source]

Publication Date:

Origin: nytimes.com

Category: US and Israeli Attack on Iran (2026)

Topics: Hormuz, Strait, reopen, persuade, China, commitment, secure, failed, Trump, President, faded, Hopes, Crunch, Energy, Broader, Fears, Climb, Prices

Source: https://www.nytimes.com/2026/05/15/business/oil-stocks-gas-trump-iran.html