Oil Falls Below $100 After Temporary US-Iran Deal
Eco

Oil Falls Below $100 After Temporary US-Iran Deal

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sumernow
Apr 08, 2026 1 min read

Oil prices fell below $100 after a deal between the US and Iran.

Brent dropped about 16% to around $95.

WTI declined to about $96.

Donald Trump said the deal depends on reopening Hormuz.

Abbas Araghchi confirmed safe passage for two weeks.

Amid temporary regional calm.

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sumernow