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FILE - US President Donald Trump is seen on a screen as traders work at the foreign exchange dealing room of the Hana Bank headquarters in Seoul. 8 April 2025

Markets

Video. Iran ceasefire effect: Oil plunges as European markets surge

Updated: 08/04/2026 - 13:45 GMT+2

Oil prices plunged below $100 a barrel after the US and Iran agreed to a two-week ceasefire that includes the reopening of the Strait of Hormuz.

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