US crude futures fall $4.45 or 3.94% to $108.50/bbl on open

April 7, 2026 6:38 PM EDT

FILE PHOTO: A drone view of a pump jack and drilling rig south of Midland, Texas, U.S. June 11, 2025. REUTERS/Eli Hartman/File Photo

PERTH, ‌April ​8 (Reuters) - ​U.S. West ‌Texas Intermediate crude ⁠oil fell ‌in early trade ‌on Wednesday, roughly two ​hours ahead of ⁠U.S. President Donald ​Trump's deadline for Iran to ​open ‌the Strait of Hormuz.

WTI ⁠crude dated for ⁠May delivery fell $4.45, ​or 3.94%, to $108.50 per barrel ‌as of 2216 ‌GMT.

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(Reporting ⁠by ‌Helen Clark; ​Editing by Chris ‌Reese)



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