Oil prices plummet amid Trump-Iran ceasefire deal

  • Thread starter Thread starter Rachel Frazin
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Rachel Frazin

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Oil prices plummeted Wednesday after President Trump announced a two-week ceasefire with Iran. Futures for international benchmark Brent crude were down about 17 percent to about $91 per barrel, while U.S. benchmark West Texas Intermediate was down about 18 percent, trading at around $93 per barrel Wednesday morning. The Wall Street Journal reported prices were heading for their biggest…

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