Fuel prices in the Netherlands fell slightly again on Saturday, even as renewed geopolitical tensions involving Iran raised concerns about future costs at the pump. The decline follows lower oil prices on Friday after Iran announced it would reopen the Strait of Hormuz, a critical route for global oil and gas shipments. Iran later reversed course, saying it would close the strait to shipping, which renewed uncertainty in the market.

The prices of crude oil have remained flat at below $100 per barrel after Iran announced the closure of the Strait of Hormuz hours after reopening. Checks

Iranian announcement came after Trump-arranged Israeli ceasefire with Hezbollah in Lebanon; US president welcomes move but says US naval blockade to remain in place until a deal is reached

Oil prices dropped back to where they were in the early days of the Iran war, and U.S. stocks raced to another record Friday after Iran said the Strait of Hormuz is open again for commercial tankers c

Global oil prices dropped sharply on Friday after Iran signalled that the Strait of Hormuz would remain open to commercial shipping during a temporary

Global oil prices dropped sharply on Friday after Iran signalled that the Strait of Hormuz would remain open to commercial shipping during a temporary

Oil prices fell by 13%, and the Dow Jones Industrial Average soared more than 1,000 points after Iran said the Strait of Hormuz is fully open.