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Middle East Eye • April 8, 2026 08:30

Oil drops below $100 following ceasefire announcement

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Score: -0.27 • Center / Neutral




Oil drops below $100 following ceasefire announcement





Oil prices have fallen sharply after Donald Trump announced a two-week ceasefire with Iran tied to reopening the Strait of Hormuz.

Brent crude dropped $15.02, or 13.8 percent, to $94.25 a barrel, while US benchmark WTI fell $17.43, or 15.4 percent, to $95.52. European diesel prices also declined steeply.


Story Timeline

Sun 10:00 - Washington Examiner
China has an advantage on Iran — Trump must push back
Sun 14:49 - Middle East Eye
To secure a ceasefire with Iran, the US must abandon ideological war
Mon 02:36 - Al-Monitor
US, Iran and mediators make push for 45-day ceasefire, Axios reports
Mon 08:35 - Euronews
Tehran and Trump trade threats amid renewed Iran war ceasefire proposal push
Mon 11:12 - Al Jazeera English
Trump’s ‘Bridge Day’ threat: Can a last-ditch ceasefire plan work?
Mon 12:15 - The Hill
US, Iran receive draft ceasefire proposal: Reports
Mon 12:30 - Al-Monitor
Trump says Iran ceasefire proposal 'not good enough'
Mon 13:07 - Euronews
Iran rejects ceasefire proposal with US as war of words deepens
Mon 13:22 - Middle East Eye
US and Iran reviewing ceasefire deal, reports say
Mon 14:34 - Middle East Eye
US and Iran reviewing ceasefire deal, reports say
Mon 15:01 - Al-Monitor
Iran rejects ceasefire in response to proposals and emphasises need for permanent end to war, IRNA says
Mon 16:17 - Washington Examiner
Iran rejects ceasefire proposal ahead of Trump’s Strait of Hormuz deadline
Mon 16:45 - The Hill
Trump: Iran ceasefire proposal 'significant,' 'not good enough'
Mon 17:00 - Al-Monitor
Trump says Iran ceasefire proposal 'very significant step'
Tue 04:11 - Al Jazeera English
‘Why would Iran agree to a ceasefire given US and Israeli track record?’
Tue 22:45 - DW All
Iran war: Trump announces two-week ceasefire
Tue 22:45 - DW Top
Iran war: Trump announces two-week ceasefire
Tue 22:45 - DW All
Iran war: US, Israel, Tehran agree two-week ceasefire
Tue 22:45 - DW Top
Iran war: US, Israel, Tehran agree two-week ceasefire
Tue 22:50 - PBS Newshour
How Iran is reacting as Trump pulls back from threat to wipe out civilization
Wed 02:39 - Middle East Eye
White House says ceasefire creates opening for long-term peace
Wed 03:30 - BBC Headlines
Iran ceasefire deal a partial win for Trump - but at a high cost
Wed 04:00 - Financial Times
US and Iran agree to two-week ceasefire talks
Wed 05:04 - Al Jazeera English
US ceasefire allows negotiations on Iran’s ‘workable’ 10-point plan
Wed 07:14 - Euronews
Iran ceasefire effect: Oil plunges as European markets surge
Wed 07:56 - France 24
US, Iran agree to two-week ceasefire as Trump pulls back on his threats
Wed 08:21 - Al Jazeera English
Tehran celebrates as Iran, US agree to two-week ceasefire
Wed 08:22 - BBC Headlines
Watch: Iranians gather in Tehran following ceasefire announcement
Wed 08:30 - Middle East Eye
Oil drops below $100 following ceasefire announcement
Wed 09:02 - Al-Monitor
Pope Leo praises Iran war ceasefire after criticizing Trump threat
Wed 09:36 - Al-Monitor
Major reaction to news of Iran ceasefire
Wed 09:41 - France 24
US, Israel and Iran agree to 2-week ceasefire as Trump pulls back on threats
Wed 09:53 - France 24
US, Iran ceasefire will bring 'relief' but unclear 'what the future holds'
Wed 10:04 - Fox News
AOC doubles down on call for Trump's ouster even after ceasefire announcement
Wed 10:18 - France 24
Declarations of victory in Iran after ceasefire agreed with US
Wed 10:21 - France 24
US-Iran ceasefire: 'Still unclear what is to be negotiated'
Wed 10:33 - France 24
Oil prices fall after ceasefire deal as questions over Hormuz Strait linger
Wed 10:37 - France 24
Both sides claim victory after US, Iran agree to a two-week ceasefire
Wed 10:47 - France 24
Iran ceasefire: What happens next?

Different Perspectives

Al Jazeera English
4 articles
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Al-Monitor
6 articles
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BBC Headlines
2 articles
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DW All
2 articles
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DW Top
2 articles
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Euronews
3 articles
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Financial Times
1 article
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Fox News
1 article
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France 24
8 articles
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Middle East Eye
4 articles
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PBS Newshour
1 article
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The Hill
2 articles
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Washington Examiner
2 articles
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