Oil prices plummet amid Trump-Iran ceasefire deal

The Hill The Hill

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…

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