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
6 months ago

Recent Posts

Russia was building sanctions-proof ties with Iran before US attacked: Report

Post Content

37 minutes ago

California acquires 640 acres to protect Joshua trees and future habitat

California has acquired 640 acres of western Joshua tree habitat northwest of Pioneertown in San…

38 minutes ago

At 78, Nashville songwriter spends hundreds of hours rescuing foxes with mange

In a heartwarming display of compassion, Nashville songwriter Jerry Vandiver has devoted himself to rescuing…

38 minutes ago

Dr. Nitin Deshpande Becomes Indias First Certified Hydrus® Microstent Surgeon, Achieves Highest Number of Hydrus® Surgeries in India – TheWire.in

Dr. Nitin Deshpande Becomes Indias First Certified Hydrus® Microstent Surgeon, Achieves Highest Number of Hydrus®…

46 minutes ago

Two gold at 13 for China’s Yu Zidi, but youngest Asian Games record remains unclear

Post Content

47 minutes ago

Watch: Humanoid robot throws punches, kicks influencer across cage

Post Content

49 minutes ago