Oil prices slide 3 percent as some ships transit Strait of Hormuz
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Oil prices slide 3 percent as some ships transit Strait of Hormuz
Oil prices slid about 3 percent on Monday after some vessels sailed through the critical Strait of Hormuz, even as U.S. allies rebuffed President Donald Trump's call for help in unblocking the strait, and as the head of the IEA suggested more reserves could be released to stem the rising costs caused by the Iran war.