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Oil Slides Below $100 After Trump Announces Two-Week Ceasefire — ChemBrief Topics

Oil Slides Below $100 After Trump Announces Two-Week Ceasefire

Apr 8, 2026

Oil prices fell below $100 per barrel following President Trump's announcement of a two-week ceasefire with Iran regarding the Strait of Hormuz. Brent and WTI futures dropped significantly, though analysts warn of continued geopolitical risk premiums.

Oil Slides Below $100 After Trump Announces Two-Week Ceasefire

reuters

Oil Dives Below $100, Stocks Jump After Two-Week Ceasefire Agreed

reuters

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Oil Slides Below $100 After Trump Announces Two-Week Ceasefire

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