The Guardian Australia – Business · business
Oil prices plunge 15% as Trump announces Iran ceasefire deal
2 hours ago
Oil prices plunged almost 15% after President Trump announced a conditional ceasefire with Iran on Tuesday. Brent crude dropped to $93.48 per barrel as Tehran pledged to reopen the Strait of Hormuz for two weeks. The ceasefire could potentially ease tensions and promote peace negotiations set to begin in Islamabad on Friday.
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Summary by Glance · Original reporting by The Guardian Australia – Business
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