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world Al Jazeera 2026-05-04

Oil Prices Stable Despite Trump's Strait of Hormuz Operation Announcement

Brent crude oil prices remained largely unchanged following President Trump's announcement of 'Project Freedom,' an operation aimed at navigating the Strait of Hormuz. The market did not show significant reaction to the initiative, despite ongoing tensions in the region.


Brent crude largely unmoved by Trump's announcement of operation dubbed Project Freedom.

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