Oil, gas and mining

Oil prices plunge after U.S. announces ceasefire agreement with Iran

April 8, 2026

The United States and Iran agreed to a ceasefire for two weeks in exchange for the Strait of Hormuz reopening.

For video licensing inquiries, contact: licensing@veritone.com

10 Comments

@hugotahell4218 on April 8, 2026 5:26 pm

AANNDD it's all over in less than 2 hours…..
@Captain_D13 on April 8, 2026 5:28 pm

So much market manipulation going on here it's ridiculous, but go ahead and feed us the line that this war is about some sort of virtue 🙄
@truthandfreedom885 on April 8, 2026 5:28 pm

It ain't over, Iran is just stalling. Go long on oil.
@ashgang72 on April 8, 2026 5:28 pm

see BS
@Hardbark on April 8, 2026 5:29 pm

And how much money did Trump make with this major swing in prices?
@TheDoItYourselfWorld on April 8, 2026 5:31 pm

Lets see. Gas just went up $40 cents a gallon yesterday. In a single day.
@ZoombiniMystic on April 8, 2026 5:44 pm

Economics is so fake lol
@TheMFJoe420 on April 8, 2026 5:46 pm

I passed a gas station in RI Monday at like 3pm it was 3.65 I went to that gas station at 12 on Tuesday and it went up to 4.45 legit over night
@americanpatriot430 on April 8, 2026 6:03 pm

War criminals and they are manipulating the markets. Smdh. I hope at some point we see some kind any kind of accountability
@Psykldoc on April 8, 2026 6:37 pm

Just to recap…
Iran Deal By Obama:
• Strait of Hormuz open for free
• Iran limits Uranium enrichment
• Iran agrees to make no nuclear weapons
• Iran allows Int'l inspectors to ensure compliance
•Inspectors confirm Iran's full compliance
Iran Ceasefire By Trump:
•Strait of Hormuz closed, only open for $2M Per Ship
•Iran makes no guarantee of limit on uranium
enrichment
• Iran makes no guarantee of no nuclear
weapons
Iran makes no guarantee to allow Int'l
inspectors
Iran Deal by Obama:
•0 Americans killed
• O Iranians killed
• O bombs dropped
• $O spent on war
Iran Ceasefire by Trump:
• 15 American soldiers killed, ~700 injured
• 1900 Iranian civilians killed, 26,000 injured
•$45 BILLION in taxpayer money wasted
• 18 countries bombed or involved in war
MAGA: Trump Playing 5D Chess! Art Of The Deal!!