April 8, 2026 2:12 PM
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Global oil prices crash upto 20 per cent amid US- Iran ceasefire agreement
Global crude oil prices plunged after US President Donald Trump announced a two-week ceasefire with Iran that includes a commitment to restore navigation through the Strait of Hormuz. In intraday trade, West Texas Intermediate (WTI) crude dropped to as low as 91 US dollars 11 cents per barrel, whi...