US crude eases more than 1%, traders weigh supply risks

May 5 : U.S. crude eased more than 1 per cent on Tuesday as the market weighed the impact of Iranian attacks on ships in the Strait of Hormuz and news that a U.S.-flagged ship operated by Maersk had transited the strait accompanied by U.S. military.U.S. West Texas Intermediate was at $104.88 a barrel, down $1
2026-05-04 22:13:34