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Oil slides below $100

Published April 8, 2026
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Oil fell below $100 per barrel after Trump’s announcement of a two-week ceasefire with Iran, reports Reuters.

Brent fell $14.84, or 13.6 per cent, to $94.43 a barrel and WTI slid $16.13, ​or 14.3pc, to $96.82 a barrel as of 0023 GMT.

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