An Iranian flag flutters in the wind as ships remain anchored on May 16, 2026 in the Strait of Hormuz near Larak Island, Iran. Majid Saeedi | Getty Images News | Getty Images Crude oil prices fell more than 4% on Sunday, after President Donald Trump indicated that talks with Iran to reopen the Strait [...] The post Oil prices fall more than 4% after Trump says Iran talks proceeding in a ‘constructive manner’ appeared first on NYT News Today .