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Oil prices tumble after Trump says he will pause Iran strikes
This version of Oil Prices Tumble After Trump Says He Will Pause Iran Strikes 260856389812 - Breaking News | NBC News Clone was adapted by NBC News Clone to help readers digest key facts more efficiently.
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The price of oil per barrel fell after President Trump announced a two-week pause on Iran strikes if the country agreed to open the Strait of Hormuz. NBC News' Brian Cheung breaks down how the markets are responding to Trump's announcement. April 7, 2026