Oil Prices Drop Amid Strait Blockade

Brent crude dips to $92.86 a barrel after a steep fall from its April high, as U.S. military operations in the Strait of Hormuz—dubbed “Project Freedom”—continue quietly, escorting over 200 ships carrying 100 million barrels. President Trump calls the mission “wildly successful,” while Secretary of War Pete Hegseth declares U.S. control “ironclad,” despite earlier claims it was paused for Iran talks. Gas prices, which spiked to $4.52 in May, have fallen to $4.13, but experts warn relief may be temporary—if the Strait remains blocked, oil prices could surge again. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/aaec3b009fc2074b