--- title: "Oil drops more than 2% as a pause in US.-Iran hostilities raises de-escalation hopes" type: "News" locale: "en" url: "https://longbridge.com/en/news/294006913.md" description: "Speaking to reporters aboard Air Force One on Monday en route to Michigan, Trump dismissed suggestions that the U.S. was running short on weapons." datetime: "2026-07-28T03:50:59.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/294006913.md) - [en](https://longbridge.com/en/news/294006913.md) - [zh-HK](https://longbridge.com/zh-HK/news/294006913.md) generator: "portal-rs" --- # Oil drops more than 2% as a pause in US.-Iran hostilities raises de-escalation hopes Speaking to reporters aboard Air Force One on Monday en route to Michigan, Trump dismissed suggestions that the U.S. was running short on weapons. ### Related Stocks - [BNO.US](https://longbridge.com/en/quote/BNO.US.md) - [UCO.US](https://longbridge.com/en/quote/UCO.US.md) - [USO.US](https://longbridge.com/en/quote/USO.US.md) - [USOI.US](https://longbridge.com/en/quote/USOI.US.md) - [SCO.US](https://longbridge.com/en/quote/SCO.US.md) - [XLE.US](https://longbridge.com/en/quote/XLE.US.md) - [VDE.US](https://longbridge.com/en/quote/VDE.US.md) - [IXC.US](https://longbridge.com/en/quote/IXC.US.md) - [XOP.US](https://longbridge.com/en/quote/XOP.US.md) - [IEO.US](https://longbridge.com/en/quote/IEO.US.md) - [IEZ.US](https://longbridge.com/en/quote/IEZ.US.md) - [OIH.US](https://longbridge.com/en/quote/OIH.US.md) - [XES.US](https://longbridge.com/en/quote/XES.US.md) - [PXJ.US](https://longbridge.com/en/quote/PXJ.US.md) - [CRAK.US](https://longbridge.com/en/quote/CRAK.US.md) - [ERX.US](https://longbridge.com/en/quote/ERX.US.md) - [ERY.US](https://longbridge.com/en/quote/ERY.US.md) - [DUG.US](https://longbridge.com/en/quote/DUG.US.md) - [MLPA.US](https://longbridge.com/en/quote/MLPA.US.md) ## Related News & Research - [Oil prices rise as latest fighting resurrects Middle East supply disruption risks](https://longbridge.com/en/news/297575875.md) - [Oil jumps more than 2% after US attack on Iran's Larak island](https://longbridge.com/en/news/297436655.md) - [What smart people are saying about Trump's acquisition of Venezuelan oil](https://longbridge.com/en/news/297464534.md) - [Trump to Meet US Refiners to Discuss Expanding Capacity and Lowering Oil Prices](https://longbridge.com/en/news/297578045.md) - [US crude stocks fall on strong refining activity and exports, EIA says](https://longbridge.com/en/news/297807484.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**