Energy: U.S. oil prices fell 14% to below $100 following Trump's agreement to a two-week ceasefire in the Iran war.

Apr 7, 2026 - 19:15
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Energy: U.S. oil prices fell 14% to below $100 following Trump's agreement to a two-week ceasefire in the Iran war.
President Trump issued a stark warning to Iran, threatening to obliterate its entire civilization if the Strait of Hormuz isn't reopened by his 8 p.m. ET deadline. The stakes are high in this critical geopolitical standoff! #Iran #StraitOfHormuz #Trump

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