Categories: Business

Oil prices today: Crude falls below $100 as Trump announces two-week ceasefire with Iran

Oil prices plummeted below $100 per barrel following President Trump’s announcement of a two-week ceasefire with Iran, contingent on reopening the Strait of Hormuz. This development eased fears of supply disruptions, leading to the steepest oil decline in nearly six years. Despite the truce, analysts caution that risks to oil supply remain elevated due to ongoing tensions.

The News Vista

Leave a Comment
Share
Published by
The News Vista
4 months ago

Recent Posts

Delhi court acquits Brij Bhushan Singh in sexual harassment case

A Delhi court has acquitted former WFI chief Brij Bhushan Sharan Singh and assistant secretary…

1 hour ago

Rupee rises 31 paise on weaker dollar, lower oil prices and continued FII inflows

The Indian rupee strengthened against the US dollar on Monday morning. Falling global crude oil…

1 hour ago

‘Vozinha! Vozinha!’: WC star gets hero’s welcome in Chile after three delays

Vozinha, a breakout star from the 2026 FIFA World Cup, has arrived in Chile. Hundreds…

1 hour ago

Washington families return to burned homes as wildfires force mass evacuations

Three fast-moving wildfires tore through Spokane County, Washington, over the weekend, forcing about 60,000 people…

2 hours ago

A race to save 23 sperms, and a teen cancer survivor’s chance at fatherhood

2 hours ago

Japan, US step in to support yen, Tokyo keeps door open for more action

Japan and the United States intervened in currency markets to address yen volatility. This joint…

2 hours ago