Oil plunges below $95 as the Dow surges 1,300 in a worldwide rally following a ceasefire with Iran
Oil prices plunged below $95 per barrel, and stock markets surged worldwide Wednesday after President Donald Trump pulled back from his threat to destroy Iran.
Oil prices plunge on ceasefire
- Oil prices rise again and Asian stocks retreat AP News —
- The oil market navigates a shaky ceasefire Financial Times —
- The Long-Term Economic Damage From the Iran War Bloomberg —
- Oil Rises After Biggest Drop Since 2020 as Hormuz Stays Blocked Bloomberg —
- Oil prices slide on US-Iran ceasefire, but fuel prices will stay high for weeks ABC News —