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.

calendar_today April 8, 2026 schedule 13:33 visibility 91 views

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

Source: NPR News

Traders work on the floor of the New York Stock Exchange during morning trading on April 2, 2026 in New York City.

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

(Image credit: Michael M. Santiago/Getty Images)

newspaper

Originally published at

NPR News

open_in_new Read Full Article

Economy

Aliyev visits Berlin to deepen energy and trade ties with Germany

Azerbaijan and Germany signed a strategic partnership declaration covering energy, transport and trade, with Chancellor Merz welcoming Azerbaijan's gas deliveries, expected to reach 2 billion cubic metres annually by next year, as a further step...

Euronews 1 hours ago

Economy

Tesla Robotaxis go to Florida

It must be earnings day, because Tesla is making a Robotaxi announcement. The company said in a post on X that it was launching its Robotaxi service in Orlando and Tampa, attaching a pair of maps that show each city's service area. No word on fleet...

The Verge 4 hours ago

Economy

'We've got to be prepared to reprioritise': UK's PM holds first cabinet meeting

Andy Burnham told the inaugural meeting of his cabinet on July 21 that he would lead a "cost-of-living government", after unveiling an energy tax cut on his first full day as prime minister. At the same time, Burnham called for 'fiscal discipline'...

France 24 4 hours ago

Economy

UK to remove 5% tax on electricity bills as Burnham holds first cabinet meeting

The UK's new prime minister, Andy Burnham, has held his first cabinet meeting, telling ministers he will set out his plans "over the coming days" and promised to reveal how his government will pay for any reductions in tax.

Euronews 6 hours ago

Economy

What the UK's new government says about the country's political turn

Andy Burnham gathered his new cabinet on July 21 as he got down to work on his first full day as Britain's prime minister. This comes after he unveiled an energy tax cut aimed at easing cost-of-living pressures. The new government gathers many fresh...

France 24 6 hours ago

Economy

Spain backs Hernández de Cos in first-ever bid for the ECB presidency

The Spanish government has chosen Pablo Hernández de Cos, general manager of the Bank for International Settlements and former Bank of Spain governor, as its candidate to succeed Christine Lagarde at the ECB.

Euronews 7 hours ago

Economy

UK cuts VAT on energy bills ahead of prime minister's first cabinet meeting

Britain's new Prime Minister Andy Burnham kickstarted his programme to ease the cost of living for millions of Britons by planning to remove tax on household electricity bills. The VAT cut is meant to reassure the markets ahead of his first cabinet...

France 24 10 hours ago

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

Related Articles

Aliyev visits Berlin to deepen energy and trade ties with Germany

Tesla Robotaxis go to Florida

'We've got to be prepared to reprioritise': UK's PM holds first cabinet meeting

Read More

UK to remove 5% tax on electricity bills as Burnham holds first cabinet meeting

What the UK's new government says about the country's political turn

Spain backs Hernández de Cos in first-ever bid for the ECB presidency

UK cuts VAT on energy bills ahead of prime minister's first cabinet meeting