Oil Markets Will Take Time to Fix After US-Iran Ceasefire

April 8, 2026 · Bloomberg

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Relief Sweeps Markets After Two-Week Ceasefire Deal
Oil plunges and traders revive bets on interest rate cuts from the Fed.
Oil prices fall as Iran agrees to reopen Strait of Hormuz during ceasefire
Oil prices fell sharply Wednesday morning amid news Iran has agreed to reopen the Strait of Hormuz as part of its two-we
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