Oil Prices and News
    U.S. oil prices plunge 16% to below $100 after Trump agrees to two-week ceasefire in Iran war

    https://www.cnbc.com/2026/04/07/oil-prices-iran-war-trump-deadline-strait-hormuz.html

    Posted by Sweaty_Rub4322

    30 Comments

    1. ConfederacyOfDunces_ on

      The 10 point proposal Trump is speaking about is weeks old.

      That’s the proposal where Iran demands reparations and say it’s keeping the Strait for themselves.

      Not much has changed unless Iran tells us knew information……and maybe they will

    2. >trump bombs

      >crude infrastructure sustains damage requiring years of repair

      >market drop 1 percent

      >trump stops for 2 weeks

      >market up 3 percent

      what?

    3. CenturyLinkIsCheeks on

      iran sent another special delivery off to the chosen a little bit ago, so seems like no one ran this by them.

    4. meatsmoothie82 on

      2 week cease fire so they can build 5000 more drones that cost less than a used Honda

    5. So is the strait actually reopening or he’s just giving them another two weeks to reopen? Cause market is reacting like it’s back open

    6. MrYOLOMcSwagMeister on

      So all the destroyed infrastructure will magically regenerate now according to the market?

    7. immediate ceasefire after they just bombed the island? so iran cannot retaliate huh? 🤔

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