Oil prices drop and global stock markets rally on US-Iran ceasefire

Benchmark Brent crude falls below $100 as the Strait of Hormuz reopens, easing inflation concerns

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Oil prices have plummeted 14% and global stock markets have surged following a two-week ceasefire between the US and Iran.
The reopening of the Strait of Hormuz has eased supply fears, though energy costs remain significantly higher than pre-war levels.

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Oil prices have plummeted 14% and global stock markets have surged following a two-week ceasefire between the US and Iran. The reopening of the Strait of Hormuz has eased supply fears, though energy costs remain significantly higher than pre-war levels.

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Oil prices drop and global stock markets rally on US-Iran ceasefire

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