The Age · general
Oil prices drop over 15% as Trump announces US-Iran ceasefire
1 hour ago
Oil prices plummeted over 15% following US President Donald Trump's ceasefire announcement and Iran's agreement to reopen shipping through the Strait of Hormuz. West Texas crude fell from $108 to around $96 a barrel. Analysts expect this could lead to lower petrol prices for motorists if the ceasefire holds.
Read full article on The Age →
Summary by Glance · Original reporting by The Age
Swipe Aussie news like TikTok — minus the noise
Swipe quick summaries and turn on breaking news alerts, so you always know what happened — in Glance.
Love keeping yourself updated in seconds?
Download Glance — quick Aussie news summaries & breaking alerts, free on iOS & Android.
↑ swipe to browse