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Oil Jumps as Traders Buy the Dip

OilPrice.com Tuesday, 6 May 2025 ()
1m ago 11:52am CST Trump Halts Houthi Bombings After Claimed Truce Offer President Donald Trump announced the U.S. will stop bombing Yemen’s Houthi rebels, saying the group indicated it would end attacks on ships in the Red Sea. “They just don’t want to fight,” Trump said, claiming the Iran-backed rebels had “capitulated” — though the Houthis have made no public statement to that effect. Trump declined to specify how the message was received, only citing “a very good source.” Despite uncertainty…
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