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Trump's Big Oil Claim After US Removes Blockade From Hormuz, Says 'Price Dropping Like Rock'
Posted
June 26, 2026
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June 26, 2026
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3:03Now PlayingUS President Donald Trump claimed oil prices are "dropping like a rock" after the blockade threat in the Strait of Hormuz was removed. Trump said easing tensions in the vital shipping route has stabilized global energy markets, leading to a sharp decline in crude prices and reducing fears of supply disruptions.
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