Oil slides below $100 after Trump announces two-week ceasefire

Oil fell below $100 per barrel on Wednesday after U.S. President Donald Trump said he had agreed to a two-week ceasefire with Iran, subject to the immediate and safe reopening of the Strait of Hormuz. Brent fell $14.84, or 13.6%, to $94.43 a barrel, and WTI slid $16.13, ​or 14.3%, to $96.82 a barrel as … Continue reading Oil slides below $100 after Trump announces two-week ceasefire