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

Brent crude oil dropped to $93 a barrel after Trump ceasefire announcement and Iran’s pledge to reopen strait of Hormuz under its management Middle East crisis – live updates Fu...

Early report Major update Updated Apr 8, 2026, 5:03 AM UTC

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

First seen Apr 8, 2026, 5:03 AM UTC Latest source Apr 8, 2026, 5:03 AM UTC

Update 1 2h ago

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

Guardian •published Apr 8, 2026, 5:03 AM UTC •fetched Apr 8, 2026, 5:12 AM UTC