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Oil plunges, stock futures jump after ceasefire announcement
April 8, 2026
Ya Libnan
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Photo: Strait of Hormuz Oil prices plunged after Trump announced he would suspend attacks for two weeks if Iran reopens the Strait of Hormuz, with U.S. crude oil sliding 16, to around 94 per barrel, after having traded as high as 117 earlier on Tuesday . SP futures are also ripping higher by more than []
Ya Libnan
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