Oil prices plummet amid Trump-Iran ceasefire deal
The Hill
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Oil prices plummeted on Wednesday after President Trump announced a two-week ceasefire with Iran.
Futures for international benchmark Brent crude were down about 17 percent to about $91 per barrel while U.S. benchmark WTI was down about 18 percent, trading at around $93 per barrel on Wednesday morning.
The Wall Street Journal reported that prices were heading for their…
Oil prices plunge on ceasefire
- Dow futures soar nearly 1,300 points, oil tumbles on Iran ceasefire CBS News —
- $1.5 trillion relief rally erupts on Wall Street after Trump hits pause on Iran strikes Fortune —
- Oil Tumbles Below $100 as U.S.-Iran Cease-Fire Agreement Calms Markets Wall Street Journal —
- Wall Street, global markets surge after US-Iran ceasefire sends oil prices below $100 a barrel ABC News —
- Price of oil tumbles as global stocks rebound on two-week ceasefire The Independent —