Oil Prices Dip as Trump Extends Iran War Ceasefire

Oil prices dip as Trump extends Iran war ceasefire but naval blockade keeps Brent crude near $97 per barrel

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 […]

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