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Oil prices plunge 15% to below $100, stocks surge and dollar slumps after Trump announces US-Iran ceasefire – as it happened

Oil prices plunge 15% to below $100, stocks surge and dollar slumps after Trump announces US-Iran ceasefire – as it happened

Published: April 8, 2026 · The Guardian

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Oil prices drop most since pandemic while gas prices slide 20%; government bond yields fall sharply as rate hike expectations recede