Iran slowed its attacks on neighbors, helping pull oil prices back from multi-year highs, with adversaries hoping its ordnance stockpiles were running low.
Tehran fired just 33 missiles and drones at the UAE Monday — only one hit its target — down from around 350 a day at the start of the war, Gulf-based airlines said some flights will resume, and oil prices fell back below $90 a barrel after nearly touching $120 recently.
Still, tanker traffic through the Strait of Hormuz remains effectively paralyzed, and although US President Donald Trump at one point yesterday said the war was “very complete, pretty much,” he later walked those comments back, and Americans are already feeling the pinch: Gas prices are up 17%.