Oil Prices Tumble Below $70 as Israel, Iran Agree to Trump-Brokered Ceasefire
LONDON — Global crude oil prices have plummeted by over 3%, falling below the $70 per barrel threshold, following a ceasefire agreement between Israel and Iran brokered by former U.S. President Donald Trump. The truce, confirmed Tuesday morning, has significantly eased tensions in the Middle East, triggering a rapid decline in geopolitical risk premiums associated