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Apr
Apr
Oil Prices Crash on US-Iran Ceasefire News
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Abbie Lara / 16 minutes
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- 5 min read
April 8, 2026 – In a dramatic turn of events, global oil prices plunged sharply on Wednesday, with both Brent crude and U.S. West Texas Intermediate (WTI) falling below the $100-per-barrel mark for the first time in recent weeks. The steep decline came after U.S. President Donald Trump announced a two-week ceasefire agreement with Iran, which includes the […]
