Crude Falls Nearly 2% After Trump Pauses Project Freedom in Strait of Hormuz

Oil prices fell on Tuesday after President Donald Trump paused the Project Freedom initiative. Brent crude dropped 1.81% to $107.88 a barrel while West Texas Intermediate (WTI) slid 1.72% to $100.51. The selloff extended across the energy complex, with natural gas off 0.67% to $2.77, gasoline down 0.93% to $3.59, and heating oil losing 1.28%