Donald Trump, Iran
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Oil prices plunge after Donald Trump's ceasefire announcement in major reprieve for Britons
Global oil prices have nosedived after President Donald Trump's announcement of a two-week ceasefire with Iran in a major reprieve for Britons. The price of US-traded oil plunged by nearly 16.5 per cent to $93.
The address comes as President Trump shared an updated timeline for the end of the war in Iran.
Trump critics hammered CNN's Frederik Pleitgen for said the world should “thank” Steve Witkoff in a social media post after the announcement of a ceasefire.
GB News was interrupted for a breaking news update as the FTSE 100 plunged at its opening following oil prices surging above $100 amid Iran strikes
President Donald Trump agreed to a two-week ceasefire with Iran following discussions with Pakistani officials, as questions persist about the Strait of Hormuz and Iran's nuclear material.