---
title: "Oil prices slump after Trump comments while analysts point to supply crunch"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/287175827.md"
description: "Oil prices fell sharply after President Trump's comments about quickly ending the Iran war, with Brent dropping 2.4% to $108.58 and U.S. crude down 2.2% to $101.85. Analysts caution that the market is facing a supply crunch due to ongoing disruptions in the Strait of Hormuz, despite reduced tanker traffic."
datetime: "2026-05-21T07:31:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/287175827.md)
  - [en](https://longbridge.com/en/news/287175827.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/287175827.md)
---

# Oil prices slump after Trump comments while analysts point to supply crunch

Oil prices fell sharply after President Donald Trump said the United States would end the Iran war “very quickly,” but analysts still warned that the market faces a real supply crunch as disruptions in and around the Strait of Hormuz continue. Reuters reported that Brent dropped 2.4% to $108.58 a barrel and U.S. crude fell 2.2% to $101.85, even as tanker traffic remained far below prewar levels and producers warned that flows may take months to...

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