From the BBC:
The cost of a barrel of Brent crude oil has dropped sharply in the last hour after US Energy Secretary Chris Wright posted on X that the US had successfully escorted an oil tanker through the Straights of Hormuz. Oil fell from a high of $94 a barrel earlier on Tuesday, to then hit $82 a barrel at 17:30 GMT.
Wright's post on X has since disappeared.
It had said: "President Trump is maintaining stability of global energy during the military operations against Iran. "The U.S. Navy successfully escorted an oil tanker through the Strait of Hormuz to ensure oil remains flowing to global markets."