Oil prices plunge and stocks jump after Trump announces conditional ceasefire with Iran

Oil prices plunge and stocks soar after U.S. and Iran agree on ceasefire

Investors around the world breathed a sigh of relief at the prospect of peace — and an easing of the global energy crisis.

Oil prices plunge following U.S.-Iran ceasefire

Crude oil prices dropped sharply Tuesday evening, falling well under $100 per barrel after President Trump said the U.S. agreed to a two-week ceasefire with Iran that Pakistan had proposed.Why it matters: It's the biggest one-day free fall in oil prices since the 1991 Gulf War.Driving the news: The global benchmark Brent crude futures price fell roughly…

Oil prices plummet amid Trump-Iran ceasefire deal

Oil prices plummeted on Wednesday after President Trump announced a two-week ceasefire with Iran. Futures for international benchmark Brent crude were down about 17 percent to about $91 per barrel while U.S. benchmark WTI was down about 18 percent, trading at around $93 per barrel on Wednesday morning. The Wall Street Journal reported that prices were…

Stocks surge as oil plunges amid Iran ceasefire deal

U.S. crude dropped $16 per barrel, and Brent crude — the international standard — fell nearly $14.

US oil prices fall over 18% after Trump agrees to two-week ceasefire with Iran

Oil prices plummeted on Tuesday evening as the energy market reacted to news of a ceasefire in the the U.S-Israeli war with Iran. After President Donald Trump and Iran’s Supreme National Security Council announced they each agreed to the ceasefire, West Texas Intermediate crude oil futures dropped under $100 to its lowest point since late…

Dow soars 1,400 points, oil plunges near $90 as Trump announces two-week Iran ceasefire

US stock futures surged Wednesday morning as oil plunged near $90 after a two-week ceasefire with Iran narrowly avoided President Trump’s 8 p.m. ET bombing deadline, and included the reopening of the Strait of Hormuz.

Oil Prices Crash, Dow Soars After Trump and Iran Agree to a Two-Week Ceasefire