Oil Prices Fall After Ceasefire Announced - Foreign Affairs - Nairaland
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| Oil Prices Fall After Ceasefire Announced by abc115(op): 2:57am On Apr 08 |
“Oil plunged toward $90 a barrel after the US and Iran agreed to a two-week ceasefire that’s expected to halt the American-Israeli military campaign in exchange for Tehran reopening the Strait of Hormuz,” Bloomberg reports. CNBC: Oil prices plunge below $100 after Iran agrees to safe passage through Strait of Hormuz during ceasefire. https://politicalwire.com/2026/04/07/oil-prices-fall-after-ceasefire-announced/ |
| Re: Oil Prices Fall After Ceasefire Announced by Mattswaggz: 3:15am On Apr 08 |
Good one....let all those affected breath small..... hopefully the beginning of this cease fire should lead to the permanent end of this war. |
| Re: Oil Prices Fall After Ceasefire Announced by LagosOrigin: 3:15am On Apr 08 |
I fear who no fear America and Israel . All this while, trump was joking with Iran but he was more than determined to send Iran back to the stone age if they didn't agree to his ultimatum . The man really mean to reduce Iran back to dust this time. Na God save Iran I swear 5 Likes |
| Re: Oil Prices Fall After Ceasefire Announced by Munzy14(m): 5:36am On Apr 08 |
Stupidity is fighting who pass you. And equally allowing your home to be used as battle field. The damage in Iran will take 30years to fix couple with bad economic situation it is facing. Never mix religion with politics. The result is catastrophic. 3 Likes |
| Re: Oil Prices Fall After Ceasefire Announced by WorkTheTalk(m): 8:43am On Apr 08 |
Oil prices falling after the ceasefire shows how global markets react instantly to peace. But in Nigeria, Tinubu’s government keep failing to translate such gains into relief for citizens. While the world enjoys cheaper crude, Nigerians are still battling insecurity and skyrocketing fuel prices. This is proof that bad governance, not global oil trends, is our real problem. 4 Likes |
| Re: Oil Prices Fall After Ceasefire Announced by Chiwill: 9:30am On Apr 08 |
This is really some good news. I really hope to see this reflect quickly on the cost of fuel, diesel and other commodities that have a direct impact on the people. |
| Re: Oil Prices Fall After Ceasefire Announced by donleo92(m): 11:19am On Apr 08 |
God bless oluwaolamide trump. Dude actually hold the whole world for blokos..... The man is a man with steel balls  Russia and China didn't see it coming. America is truly the giant of the world, all nations look up to America now because of trump... Trump and his team, should restragegize after the two weeks and continue the kaboooooooooooming of the terrorist nation |
| Re: Oil Prices Fall After Ceasefire Announced by AKWATGOLD1(m): 11:51am On Apr 08 |
I hope Dangote and other product (PMS & AGO) are listening now. The price will be nosediving for the next 2 weeks. abc115: |
| Re: Oil Prices Fall After Ceasefire Announced by Flangelo12: 12:54pm On Apr 08 |
donleo92:
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| Re: Oil Prices Fall After Ceasefire Announced by donleo92(m): 1:05pm On Apr 08 |
[quote author=Flangelo12 post=139033937][/quote]In order to collect Iranian oil... China didn't see that coming |
| Re: Oil Prices Fall After Ceasefire Announced by Flangelo12: 1:11pm On Apr 08 |
donleo92:A relief for Iran is bad for China? |
| Re: Oil Prices Fall After Ceasefire Announced by DrugPRESIDENT01: 1:17pm On Apr 08 |
APC members in Nigeria will find another excuse to spike the price |
| Re: Oil Prices Fall After Ceasefire Announced by donleo92(m): 1:51pm On Apr 08 |
Flangelo12:Yes oooh |
| Re: Oil Prices Fall After Ceasefire Announced by Dogalmighty17: 1:56pm On Apr 08 |
It doesn't matter. Most crude laden ships probably wouldn't even arrive at their ports of discharge before the end of the cease fire but it doesn't matter anyways. The US is done. America has been roundly humiliated in Iran. For all the bluster the US put up, they could not force the Iranians to open the strait and they couldn't use thier military to open it either. |
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