Oil prices plunge, stocks surge on US-Iran ceasefire
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Source: The Manila Times
Published: 2026-04-09 02:36 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Middle East, Europe, Iran, Energy, Economy & Finance, Financial Markets, Business & Economy, War & Conflict
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Snippet:
LONDON — Oil and gas prices plunged, stock markets soared and the dollar retreated Wednesday after the United States and Iran agreed a temporary ceasefire that could lead to the Strait of Hormuz reopening.
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