Iran ceasefire pushes oil prices down as markets remain cautious
Oil prices plunged below $100 a barrel after the US and Iran agreed to a two-week ceasefire that includes the reopening of the Strait of Hormuz.
Oil prices plunged below $100 a barrel after the US and Iran agreed to a two-week ceasefire that includes the reopening of the Strait of Hormuz.
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Investors welcome the possible resumption of oil and gas flows through the Strait of Hormuz.
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