Crude prices plunge, stocks surge as US and Iran agree ceasefire

Oil prices plunged Wednesday while stocks rallied after the United States and Iran agreed to a two-week ceasefire that will see Tehran temporarily reopen the vital Strait of Hormuz. With Donald Trump’s deadline approaching for the Islamic republic to reopen the waterway or face obliteration, he announced a halt to attacks for two weeks and said […] The post Crude prices plunge, stocks surge as US and Iran agree ceasefire appeared first on Digital Journal.