Oil prices sink and US stock futures jump as US and Iran agree to 2-week ceasefire
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Source: The Manila Times
Published: 2026-04-08 13:20 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Middle East, Iran, Energy, Economy & Finance, Financial Markets, Business & Economy, War & Conflict, Asia Pacific
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Snippet:
NEW YORK — Oil prices plunged below $100 a barrel and Asia markets and US stock futures jumped after the US and Iran agreed to a two-week ceasefire that includes the reopening of the Strait of Hormuz.
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