Oil prices plunge and stocks jump after Trump announces conditional ceasefire with Iran
Oil prices fell sharply—by nearly 15%—after President Donald Trump delayed planned military strikes on Iran and signaled a potential two-week ceasefire tied to reopening the Strait of Hormuz. Iran’s foreign minister said shipping through the strait would be allowed during this period under coordination with its military, and Tehran agreed to enter negotiations with the United States. Markets reacted positively, with global stocks rising, bond … Continue reading Oil prices plunge and stocks jump after Trump announces conditional ceasefire with Iran
