US crude eases 1% as traders weigh supply risks

May 5 : U.S. crude futures eased 1 per cent in early Asian trade on Tuesday as the market gauged the impact of Iranian attacks on ships in the Strait of Hormuz and a fire at a UAE oil port.U.S. West Texas Intermediate was at $105.36 a barrel, down $1.06, or 1 per cent, by 2203 GMT, following a more than 4 per
2026-05-04 22:13:34