Oil Prices Plunge Below $95 as Trump Announces Iran Ceasefire: Markets React Wildly
- Posted on April 8, 2026
- By International Business Times
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Oil Prices Plunge Below $95 as Trump Announces Iran Ceasefire: Markets React Wildly
World oil prices tumbled sharply Wednesday after President Donald Trump announced a framework ceasefire between the United States, Israel and Iran, easing fears of prolonged disruption to crude flows through the Strait of Hormuz and sending Brent crude futures plunging more than 13% in early
