Oil prices fall in global markets after ceasefire announcement

08 April, 2026, 04:45 pm

Last modified: 08 April, 2026, 04:59 pm

Oil prices fall in global markets after ceasefire announcement

08 April, 2026, 04:45 pm

Last modified: 08 April, 2026, 04:59 pm

The announcement of a two-week ceasefire in Iran has brought relief to global markets. The biggest impact has been on oil and stock markets. Investor confidence has increased slightly as the uncertainty created by the war has begun to subside.

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