ReferIndia News Oil prices fall below $100 after Trump announces two-week ceasefire

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Oil prices fall below $100 after Trump announces two-week ceasefire

Published on: April 8, 2026, 7:08 a.m. | Source: India Today

Trump's turnaround came shortly before his deadline for Iran to open the Strait of Hormuz, where 20% of the world’s oil transits, or face widespread attacks on its civilian infrastructure.

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