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Oil set for largest weekly loss in 10 months after ceasefire
Oil prices face biggest weekly drop since last June despite supply concerns from Saudi Arabia and restricted flows through the Strait of Hormuz.
Wall Street ends sharply higher on US-Iran ceasefire
Wall Street stocks closed sharply higher after a US-Iran ceasefire agreement lifted investor sentiment and eased fears of war-related market disruptions.
Oil tumbles below $100 after Trump announces two-week ceasefire
LONDON, April 8 (Reuters) – Oil tumbled below $100 a barrel on Wednesday after U.S. President Donald Trump said he had agreed to a two-week ceasefire with Iran, subject to an immediate and safe reopening of the Strait of Hormuz. Brent crude futures were down $18.27, or 16.72%, at $91.00 a barrel by 1320 GMT. […]
