Markets got what they were waiting for — a ceasefire extension — but the relief was modest. Oil prices dip Iran ceasefire headlines moved markets only slightly, because the naval blockade on Iranian ports remains fully in place and the Strait of Hormuz is still far from normal. Brent oil price and WTI both edged lower on Wednesday after Trump’s announcement, but traders are not celebrating. The risk has not been removed — it has simply been postponed. What Happened to Oil Prices Today The oil prices dip Iran ceasefire…
Read MoreOil Prices Dip as Trump Extends Iran War Ceasefire
