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Oil Prices Drop Below $100 as Trump Announces Two-Week Ceasefire with Iran
Oil Prices Drop Below $100 as Trump Announces Two-Week Ceasefire with Iran

Oil futures fell sharply after the announcement of a two-week ceasefire, as traders quickly priced in reduced risk of disruption to crude flows through the Strait of Hormuz.

April 11, 2026 • By Donna Joseph
 
U.S. Futures Slide as Trump Remarks Dim Hopes for War’s Early End
UBS Warns of More Client Outflows After U.S. Adviser Departures

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