Us News

Oil prices plunge after Trump announces ceasefire

Oil prices plunged on Wednesday after President Trump announced a 2-week ceasefire between the U.S. and Iran. CBS News business analyst Jill Schlesinger has more.

Published April 8, 2026, 5:20 PM
Updated April 8, 2026, 5:47 PM914
Share𝕏f
Oil prices plunge after Trump announces ceasefire

Oil prices plunged on Wednesday after President Trump announced a 2-week ceasefire between the U.S. and Iran. CBS News business analyst Jill Schlesinger has more.

Share𝕏f
News17 is committed to delivering accurate, fair, and thoroughly researched reporting. If you believe this article contains an error, please contact our editorial team at corrections@news17.net. We take all reports seriously and will issue corrections promptly when warranted.